Toy retailer Build-A-Bear's Q1 revenue falls 2.4%; FY outlook lowered

Build-A-Bear Workshop

28/05/2026 11:54

Overview
US toy retailer's fiscal Q1 revenue fell 2.4% yr/yr
Adjusted EPS for fiscal Q1 beat analyst expectations
Company cut full-yr revenue outlook but raised pre-tax income guidance due to tariff refund

Outlook
Build-A-Bear sees fiscal 2026 revenue of $530 mln to $550 mln
Company expects fiscal 2026 pre-tax income of $72 mln to $78 mln
Build-A-Bear expects net new unit growth of at least 50 experience locations in 2026

Result Drivers
LOWER CONSUMER TRAFFIC - Co said uncertain economic environment and weaker consumer traffic led to lower-than-expected results
TARIFF REFUND - $7 mln IEEPA tariff refund boosted gross margin and pre-tax income
E-COMMERCE DECLINE - Consolidated e-commerce demand fell 26.1% yr/yr

Company press release: ID:nBwbnPLlha

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Net Retail Sales
 
$113.47 mln
 
Q1 Adjusted EPS
Beat
$1.03
$0.75 (4 Analysts)
Q1 Gross Profit
 
$79.87 mln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the miscellaneous specialty retailers peer group is "buy"
Wall Street's median 12-month price target for Build-A-Bear Workshop Inc is $61.50, about 62.7% above its May 27 closing price of $37.80
The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 15 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)