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.
Rite Aid same-store sales up 2.9% in October
Camp Hill, Pa. — Rite Aid Corp. reported Thursday that same-store sales increased 2.9% in October, boosted by a 3.6% surge in pharmacy same-store sales. Front-end same-store sales edged up 1.3%.
Total drugstore sales for the four-week period increased 2.8% to $1.96 billion compared to $1.91 billion for the same period last year.
Golfsmith swings to profit in Q3
Austin, Texas — Golfsmith International Holdings reported Thursday a profit of $1.3 million for the quarter ended Oct. 1, compared with a loss of $1.1 million a year earlier.
Net revenues increased 8.3 % to $101 million, from $93.3 million. Same-store sales rose 3.4%.