Build-A-Bear Workshop Ended 2012 3Q With Strong Balance Sheet (BBW)
11/01/2012

[BBW (”Build-A-Bear Workshop”) ended the 2012 third quarter with a strong balance sheet and no borrowings under its revolving credit facility]

Online PR News – 01-November-2012 – Las Vegas, NV – Build-A-Bear Workshop, Inc. (NYSE: BBW) BBW (”Build-A-Bear Workshop”) previously reported results for the third quarter and first nine months ended September 29, 2012. The Company’s consolidated net retail sales of $84.3 million represented an 11.9% decrease compared to $95.4 million in 2011, excluding the impact of foreign exchange. BBW (”Build-A-Bear Workshop”) ended the 2012 third quarter with a strong balance sheet and no borrowings under its revolving credit facility. As of September 29, 2012, cash and cash equivalents totaled $22.1 million, the majority of which was domiciled outside of the U.S. Total inventory at quarter end was $54.9 million. Inventory per square foot was flat with the prior year period. Build-A-Bear Workshop, Inc. (NYSE: BBW) is the only global company that offers an interactive make-your-own stuffed animal retail-entertainment experience. There are more than 400 Build-A-Bear Workshop stores worldwide, including company-owned stores in the U.S., Puerto Rico, Canada, the United Kingdom and Ireland, and franchise stores in Europe, Asia, Australia, Africa, the Middle East, Mexico and South America. Founded in St. Louis in 1997, Build-A-Bear Workshop is the leader in interactive retail. Brands include make-your-own Major League Baseball® mascot in-stadium locations, and Build-A-Dino® stores. Build-A-Bear Workshop extends its in-store interactive experience online with its award winning virtual world Web site at bearville.com®. The company was named to the FORTUNE 100 Best Companies to Work For® list for the fourth year in a row in 2012. Build-A-Bear Workshop (NYSE: BBW) posted total revenue of $394.4 million in fiscal 2011. For more information, call 888.560.BEAR (2327) or visit the company’s award-winning Web site at www.buildabear.com®. In my opinion this is a stock to watch! (Read Full Disclaimer at http://crwenewswire.in/disclaimer)