Build-a-Bear Workshop narrows loss in Q2

St. Louis -- Build-A-Bear Workshop reported Thursday that it narrowed its loss in the quarter ended July 2 to $6.7 million, compared with a loss of $8.5 million in the year-ago period.

The retailer increased total revenue 10% to $81.8 million, and consolidated same-store sales 7.1%.

The retailer cited improved efficiencies and reduced expenses for the performance improvements.

Through the first half of 2011, Build-A-Bear opened one store, closed three and relocated four. For the full fiscal year, it currently expects to open five stores and close five to 10 stores.

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