No Hugs For Build-A-Bear: Missed Q1 Earnings, Lower Sales Spark Premarket Plunge
No Hugs For Build-A-Bear: Missed Q1 Earnings, Lower Sales Spark Premarket Plunge
Build-A-Bear Workshop, Inc. (NYSE:BBW) shares are diving premarket after the company reported worse-than-expected first-quarter 2024 results.
Build-A-Bear Workshop, Inc.（紐約證券交易所代碼：BBW）公佈的2024年第一季度業績低於預期後，該公司股價在盤前跳水。
Revenue totaled $114.7 million, marginally missing the analyst consensus of $120.6 million. Sales decreased 4.4% Y/Y. Consolidated e-commerce demand fell 11.3% Y/Y.
總收入爲1.147億美元，略低於分析師共識的1.206億美元。銷售額同比下降4.4％。合併的電子商務需求同比下降11.3％。
Quarterly commercial and international franchise revenues were a combined $6.9 million and declined 13.7% Y/Y.
季度商業和國際特許經營收入合計爲690萬美元，同比下降13.7％。
EPS of $0.82 missed the Wall Street View of $1.03.
每股收益0.82美元，未達到華爾街景觀的1.03美元。
The company added net new units across six global experience locations, comprised of five partner-operated locations and three franchise locations, and closed two corporately managed locations.
該公司在六個全球體驗地點淨增了新單位，其中包括五個合作伙伴運營的分支機構和三個特許經營地點，並關閉了兩個公司管理的地點。
As of quarter-end, Build-A-Bear had 531 global locations through a combination of its corporately managed, partner-operated, and international franchise models.
截至季度末，Build-A-Bear通過公司管理、合作伙伴運營和國際特許經營模式在全球擁有531個分支機構。
Inventory at year-end was $64.0 million, reflecting a decline of $2.5 million, or 3.7%, compared to first quarter-end last year.
年底庫存爲6,400萬美元，與去年第一季度末相比下降了250萬美元，下降了3.7％。
As of May 4, cash and cash equivalents totaled $38.2 million.
截至5月4日，現金及現金等價物總額爲3,820萬美元。
In the first quarter, the company repurchased shares worth $9.2 million and paid a $2.9 million quarterly cash dividend to shareholders.
在第一季度，該公司回購了價值920萬美元的股票，並向股東支付了290萬美元的季度現金分紅。
Build-A-Bear Outlook
Build-A-Bear 展望
The St. Louis, Missouri-based company reaffirmed FY24 total revenue growth at a low-to-mid-single-digit percentage basis.
這家總部位於密蘇里州聖路易斯的公司重申了24財年的總收入以低至中等的個位數百分比增長。
For FY24, the company continues to expect net new unit growth of at least 50 experience locations, through a combination of corporately-managed, partner-operated, and franchised business models.
該公司繼續預計，通過企業管理、合作伙伴運營和特許經營業務模式相結合，24財年新增單位淨增長至少50個。
Build-A-Bear reiterated outlook for pre-tax income growth at a mid-single-digit percentage basis in FY24.
Build-A-Bear重申了24財年稅前收入以中等個位數百分比增長的前景。
Build-A-Bear recently launched a new brand campaign called "The Stuff You Love," to commemorate more than a quarter-century of "creating and celebrating cherished memories worldwide," CEO Sharon Price John said, citing a user-generated-content contest for consumers to share their own "special moments."
首席執行官莎朗·普萊斯·約翰說，Build-A-Bear最近發起了一項名爲 “The Stuff You Love” 的新品牌活動，以紀念 “在全球創造和慶祝珍貴回憶” 超過四分之一世紀，他援引了一項由用戶製作的內容競賽，旨在讓消費者分享自己的 “特殊時刻”。
Investors can gain exposure to stock via Barron's 400 (NYSE:BFOR).
投資者可以通過巴倫400指數（紐約證券交易所代碼：BFOR）獲得股票敞口。
Price Action: BBW shares are down 17.19% to $26.50 premarket at the last check Thursday.
價格走勢：在週四的最後一次盤前檢查中，BBW股價下跌17.19％，至26.50美元。
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Image: Wikimedia Commons
圖片：維基共享資源