Build-a-Bear swings to profit in Q3
St. Louis -- Build-A-Bear Workshop reported Thursday a profit of $0.9 million for the third quarter, compared with a loss of $1.4 million in the year-ago period.
Sales rose 3.1% to $95.4 million, and same-store sales increased 1.1%.
“We remain optimistic about our business and expect the ongoing implementation of our strategies to enable us to continue our positive performance,” said Maxine Clark, Build-A-Bear Workshop’s chairman and chief executive bear. International revenue surged 14%.
During the quarter, the company opened three stores and closed one store across geographies. For the full fiscal year, Build-A-Bear said it expects to open six stores and close six stores.