Build-A-Bear Workshop, Inc. announced record total revenues of $122.7 million for the third quarter of fiscal year 2025.
Pre-tax income for the quarter was $10.7 million, impacted by tariffs and related costs.
The company reaffirmed its annual guidance for fiscal 2025 amidst a dynamic economic environment.
Record Revenues
Total revenues for the third quarter were $122.7 million, representing significant growth compared to the previous period.
Impact of Tariffs
Pre-tax income was affected by approximately $4 million in tariffs and related costs, impacting the company's profitability.
Shareholder Returns
Build-A-Bear Workshop returned $26.1 million to shareholders through share repurchases and dividends in the first nine months of fiscal 2025.
- The company's revenue growth was driven by strong performance in the Direct-to-Consumer segment and double-digit revenue growth in the Commercial segment.
- Despite tariff impacts affecting profitability, the company demonstrated resilience with diversified revenue streams and a focus on disciplined expense management.
Build-A-Bear Workshop's strategic initiatives have led to record revenues and strong financial performance. Despite challenges from tariffs, the company remains confident in its guidance for fiscal 2025.