$BBW – Yeah already liking the name
What the company does :
Build-A-Bear Workshop, Inc. ($BBW) is an interactive and entertainment mall-based retailer that invites guests to create their own customized stuffed animals through a bear-making process
Other than BEAR in name, there is nothing Bearish about the company !!
Volume Today – Sky-rocketed from sub 200k to 1 Million+ right cpl weeks before earnings
Chart – Massive YOY returns. 207% . Go check out the charts.
HighLights from Last Quarter Results
- Generates $95.1 million in total revenues, an increase of 27.4% compared to the fiscal 2020 third quarter and 35.2% compared to the fiscal 2019 third quarter
- Declares special dividend of $1.25 and authorizes stock repurchase program
- Gross profit margin is 52.1% compared to 46.6% in the fiscal 2020 third quarter and 39.4% in the fiscal 2019 third quarter
- Delivers pre-tax income of $7.9 million, reaching the highest in the Company’s history for its third quarter, an improvement of $6.2 million compared to the fiscal 2020 third quarter and $15.6 million compared to the fiscal 2019 third quarter
- Increases fiscal 2021 annual guidance for total revenues and EBITDA
Stock Increased historically ~ 25% after last quarter Earnings.
Current Price Target is around $33 but looking at strong financials and almost immune to crazy market right now, this might very well be the wall-street darling hedge.
Other Factors This Quarter
- Big Frigging Holiday Season
- More Covid Restrictions lifted and people going to Malls for indulging in Stuffing the Toy activities
Disclaimer – not a financial wizard and neither a financial advise.Positions – DOGGY and 1000 Shares and continuing to buy
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