Build-A-Bear Workshop (BBW) reported earnings on Thur 15 Feb 2018 (b/o)

** charts after earnings **

 

 Build-A-Bear Workshop beats by $0.09, beats on revs; guides FY18 

• Reports Q4 (Dec) earnings of $0.43 per share, $0.09 better thanthe Capital IQ Consensus of $0.34; revenues fell 2.5% year/year to $107.58 mln vs the $104 mln two analyst estimate.
• Consolidated comparable sales decreased 8.0%, including a 6.5% decrease in North America and a 13.1% decrease in Europe inclusive of a consolidated comparable e-commerce sales increase of 11.7%;
• Retail gross margin expanded 510 basis points to 51.1% compared to 46.0% in the fiscal 2016 fourth quarter
• Co issues guidance for FY18, sees GAAP EPS of $0.53-0.57 vs. $0.56 Capital IQ GAAP Consensus Estimate; expects revenues to be 'slightly positive' vs. the $357.24 mln Capital IQ Consensus Estimate (+0.76% y/y).