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Feb 01, 2025
Build-A-Bear Q4 2024 Earnings Report
Build-A-Bear reported record-breaking Q4 2024 results with revenue growth and increased profitability.
Key Takeaways
Build-A-Bear's Q4 2024 revenue grew by 0.8% to $150.4 million, with net income reaching $21.7 million. Adjusted EPS increased by 18.7% to $1.59. Despite a decline in e-commerce demand, commercial and international franchise revenues grew by 20.5%. The company also announced a 10% dividend increase.
Total revenue increased 0.8% to $150.4 million.
Net income reached $21.7 million, representing 14.4% of total revenue.
Adjusted EPS increased 18.7% to $1.59.
Commercial and international franchise revenue grew 20.5%.
Revenue by Segment
Forward Guidance
Build-A-Bear expects mid-single-digit revenue growth in FY 2025, with pre-tax income potentially declining slightly due to increased costs.
Positive Outlook
- Projected mid-single-digit revenue growth for FY 2025.
- Plan to open at least 50 new experience locations globally.
- Continued expansion of commercial and franchise partnerships.
- Capital expenditures expected to be between $20M and $25M.
- Dividend increase reflects confidence in financial stability.
Challenges Ahead
- Pre-tax income may decline slightly due to increased tariffs and labor costs.
- E-commerce demand continues to trend downward.
- Expected rise in medical and labor costs impacting profitability.
- Higher inventory investment required to mitigate potential tariff impact.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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