Build-A-Bear Workshop Q4 Profit Surges - Quick Facts

(RTTNews) - Build-A-Bear Workshop, Inc. (BBW), a specialty retailer of plush animals and related products, Thursday said fourth-quarter net income climbed to $11.8 million, or $0.67 per share from $5.4 million, or $0.31 per share in the fourth quarter of fiscal 2013.

Adjusted net income was $0.73 per share, while it totaled $0.40 per share last year. On average, five analysts polled by Thomson Reuters expected earnings of $0.63 per share for the quarter. Analysts' estimates typically exclude special items.

Total revenues grew to $131.50 million from $108.09 million. Consolidated net retail sales were $130.0 million, compared to $106.3 million in the fiscal 2013 fourth quarter. Analysts expected revenues of $125.57 million.

The just concluded fourth quarter included 14 weeks ended January 3, 2015, while last year it was 13 weeks ended December 28, 2013.

Sharon Price John, Build-A-Bear Workshop's CEO, said, "The fourth quarter marked a strong finish to the year for Build-A-Bear Workshop. In the quarter, we delivered a 9.9% increase in consolidated comparable store sales, a 730 basis point expansion in retail gross margin and adjusted net income of $12.8 million up from $6.9 million in the fourth quarter of 2013.