Build-A-Bear Workshop, Inc. (NYSE:BBW) shares are trading higher after it reported second-quarter revenue growth of 2.4% Y/Y to $111.8 million, beating the analyst consensus of $108.5 million.
Consolidated e-commerce demand, including online orders fulfilled from the warehouse or stores, fell by 28.2%.
Quarterly commercial and international franchise revenues were a combined $8.3 million and upped 44.8% Y/Y. EPS of $0.64 (+12.3% Y/Y), beating the Wall Street View of $0.57.
In the quarter, the company added 17 new global experience locations, including four corporately managed, ten partner-operated, and three franchise locations.
By the end of the quarter, Build-A-Bear had 548 global ...
