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Build-a-Bear swings to profit in Q3

St. Louis -- Build-A-Bear Workshop reported Thursday a profit of $0.9 million for the third quarter, compared with a loss of $1.4 million in the year-ago period.

Sales rose 3.1% to $95.4 million, and same-store sales increased 1.1%.

“We remain optimistic about our business and expect the ongoing implementation of our strategies to enable us to continue our positive performance,” said Maxine Clark, Build-A-Bear Workshop’s chairman and chief executive bear. International revenue surged 14%.

During the quarter, the company opened three stores and closed one store across geographies. For the full fiscal year, Build-A-Bear said it expects to open six stores and close six stores.
 

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