Filing Analysis
Build-A-Bear Workshop reported Q2 2026 results characterized by declining revenues and EPS, alongside a downward revision of its full-year fiscal 2026 guidance. Additionally, the company announced the termination of its Chief Growth Officer, David Henderson, without cause.
🚩 Red Flags
- Revenue and EPS decline in Q2 2026 compared to prior year.
- Downward revision of full-year 2026 revenue and pre-tax income guidance.
- Departure of a key executive (Chief Growth Officer) shortly after being hired/appointed in June 2026.
📋 Key Facts
- Q2 2026 total revenues were $115.3 million, down from $124.2 million in the prior year's Q2.
- Q2 2026 diluted EPS was $0.70, compared to $0.94 in the prior year's Q2.
- First half 2026 total revenues decreased 4.8% year-over-year to $240.6 million.
- Full-year 2026 revenue guidance lowered to a range of $500 million to $525 million.
- Full-year 2026 pre-tax income guidance lowered to a range of $60 million to $68 million.
- Chief Growth Officer David Henderson was terminated without cause, effective August 26, 2026.
- Severance for David Henderson includes $501,500 in cash installments and a $31,723.92 lump sum for health benefits.
This is an amendment to a previously filed 8-K (Form 8-K/A) intended to include a second earnings table that was inadvertently omitted from the original filing. The filing relates to the company's fiscal quarter results ended November 1, 2025.
🚩 Red Flags
- Administrative error in previous filing (omitted earnings table).
📋 Key Facts
- Filed as an amendment (Form 8-K/A) on December 4, 2025.
- The purpose of the amendment is to include a missing earnings table from the original report.
- The underlying data pertains to results for the fiscal quarter ended November 1, 2025.
- Includes non-GAAP financial measures as a supplement to GAAP results.
Build-A-Bear Workshop, Inc. filed an 8-K to announce its financial results for the fiscal quarter ended November 1, 2025. The filing serves as a vehicle to furnish the company's press release containing both GAAP and non-GAAP financial measures.
📋 Key Facts
- Reporting period: Fiscal quarter ended November 1, 2025.
- Filing date: December 4, 2025.
- The company provided non-GAAP financial measures to supplement GAAP results to help identify underlying trends.
- Results were released via a press release attached as Exhibit 99.1.
Build-A-Bear Workshop, Inc. announced a quarterly cash dividend of $0.22 per share. The dividend is payable on January 8, 2026, to shareholders of record as of November 26, 2025.
📋 Key Facts
- Quarterly cash dividend declared: $0.22 per share
- Record date: November 26, 2025
- Payment date: January 8, 2026
Build-A-Bear Workshop, Inc. announced a quarterly cash dividend of $0.22 per share. The dividend is scheduled to be paid on October 9, 2025, to shareholders of record as of September 25, 2025.
📋 Key Facts
- Quarterly cash dividend declared: $0.22 per share
- Record date: September 25, 2025
- Payment date: October 9, 2025
Build-A-Bear Workshop, Inc. filed an 8-K to provide an investor presentation containing financial highlights and non-GAAP measures for upcoming conferences and meetings.
📋 Key Facts
- The filing is pursuant to Item 7.01 (Regulation FD Disclosure).
- An investor presentation was attached as Exhibit 99.1.
- The company intends to use the presentation at various investor conferences and meetings.
- The presentation includes non-GAAP financial measures intended to supplement GAAP statements.
Build-A-Bear Workshop, Inc. has filed an 8-K to report its financial results for the second fiscal quarter ended August 2, 2025. The filing serves as a vehicle to furnish the company's quarterly earnings press release.
📋 Key Facts
- Reporting period: Second fiscal quarter ended August 2, 2025.
- Filing date: August 28, 2025.
- The filing includes non-GAAP financial measures intended to complement GAAP results by excluding certain non-indicative items.
Build-A-Bear Workshop, Inc. announced a planned leadership transition in its legal and administrative department. Eric Fencl is retiring from his roles as CAO, General Counsel, and Secretary, to be succeeded by Yevgeny Fundler.
🚩 Red Flags
- None identified; departure is characterized as part of a planned succession process rather than an abrupt exit.
📋 Key Facts
- Eric Fencl is retiring as Chief Administrative Officer, General Counsel, and Secretary effective August 4, 2025.
- Yevgeny Fundler has been appointed Chief Legal Officer and Secretary, also effective August 4, 2025.
- The transition is described as part of a 'planned succession process'.
- Mr. Fencl will remain a non-executive employee until approximately December 5, 2025, to assist with the transition.
- During the transition period, Mr. Fencl's annual base salary will be reduced to $300,750.
Build-A-Bear Workshop, Inc. reported the results of its 2025 Annual Meeting of Stockholders held on June 12, 2025. The meeting included the election of two directors, ratification of auditors, and an advisory vote on executive compensation.
📋 Key Facts
- Held 2025 Annual Meeting of Stockholders on June 12, 2025.
- Richard Johnson was elected to the Board for a term expiring in 2028 (8,389,249 votes 'For').
- Craig Leavitt was elected to the Board for a term expiring in 2028 (7,662,877 votes 'For').
- Ratification of Ernst & Young LLP as independent accountants for fiscal year ending Jan 31, 2026, was approved.
- Stockholders approved executive compensation via advisory vote.
- The Board size was decreased to six (6) members following the expiration of Robert Dixon's term.
Build-A-Bear Workshop, Inc. announced a quarterly cash dividend of $0.22 per share. The dividend is scheduled to be paid on July 10, 2025, to shareholders of record as of June 26, 2025.
📋 Key Facts
- Dividend amount: $0.22 per share
- Record date: June 26, 2025
- Payment date: July 10, 2025
- Board of Directors declared the dividend on June 12, 2025
Build-A-Bear Workshop, Inc. filed an 8-K to provide an investor presentation containing financial highlights and non-GAAP measures for upcoming conferences and meetings.
📋 Key Facts
- The company prepared an investor presentation (Exhibit 99.1) for current and prospective investors.
- The filing includes the use of non-GAAP financial measures to supplement GAAP statements.
- The report was signed by CFO Voin Todorovic on May 29, 2025.
Build-A-Bear Workshop, Inc. issued a press release announcing its financial results for the first fiscal quarter ended May 3, 2025.
📋 Key Facts
- Reporting period: First fiscal quarter ended May 3, 2025.
- Filing date: May 29, 2025.
- The company provided both GAAP and non-GAAP financial measures in the accompanying press release (Exhibit 99.1).
Build-A-Bear Workshop, Inc. filed an 8-K to provide an investor presentation containing financial highlights and non-GAAP measures for upcoming conferences and meetings.
📋 Key Facts
- The filing includes an investor presentation (Exhibit 99.1) prepared for current and prospective investors.
- The company utilizes certain non-GAAP measures in the presentation to facilitate comparison of operating performance.
- The information is furnished under Item 7.01 (Regulation FD Disclosure) and is not considered 'filed' for purposes of Section 18 liability.
Build-A-Bear Workshop, Inc. filed an 8-K to announce its fourth quarter and fiscal year 2024 financial results for the period ended February 1, 2025.
📋 Key Facts
- Reporting date: March 13, 2025
- Fiscal period covered: Fourth quarter and full fiscal year 2024 (ended Feb 1, 2025)
- The filing includes non-GAAP financial measures intended to complement GAAP results.
- Results are furnished via a press release attached as Exhibit 99.1.
Build-A-Bear Workshop, Inc. announced the retirement of Director Robert L. Dixon, Jr., who will not seek reelection at the 2025 Annual Meeting. Additionally, the Board declared a quarterly cash dividend of $0.22 per share.
📋 Key Facts
- Robert L. Dixon, Jr. notified the Nominating and Corporate Governance Committee of his intention to retire from the Board.
- Dixon will not stand for reelection at the 2025 Annual Meeting of Stockholders.
- The Board declared a quarterly cash dividend of $0.22 per share.
- Dividend record date: March 27, 2025; Payment date: April 10, 2025.
Build-A-Bear Workshop, Inc. announced the appointment of Richard A. Johnson to its Board of Directors on March 5, 2025. Mr. Johnson will serve as an independent Class III director and join both the Audit Committee and the Nominating and Corporate Governance Committee.
📋 Key Facts
- Board size increased from six to seven members.
- Richard A. Johnson appointed as a Class III director, term expiring at 2025 Annual Meeting.
- Mr. Johnson designated as an independent director under NYSE and SEC rules.
- Appointment includes service on the Audit Committee and Nominating and Corporate Governance Committee.
- Compensation includes 605 shares of restricted stock vesting on June 13, 2025.
Build-A-Bear Workshop, Inc. filed an 8-K to furnish an investor presentation containing financial highlights and non-GAAP measures for use at upcoming conferences and meetings.
📋 Key Facts
- The company prepared an investor presentation (Exhibit 99.1) featuring certain information and financial highlights.
- The filing includes the use of non-GAAP financial measures to supplement GAAP financial statements.
- The presentation is intended for current and prospective investors at various conferences and meetings.
Build-A-Bear Workshop, Inc. issued an 8-K to furnish its third fiscal quarter 2024 financial results for the period ended November 2, 2024.
📋 Key Facts
- Reporting of Q3 2024 financial results (fiscal quarter ended Nov 2, 2024).
- Results include both GAAP and non-GAAP financial measures.
- The filing is made pursuant to Item 2.02 regarding Results of Operations and Financial Condition.
Build-A-Bear Workshop, Inc. announced a quarterly cash dividend of $0.20 per share. The dividend is payable on January 9, 2025, to shareholders of record as of November 27, 2024.
📋 Key Facts
- Dividend amount: $0.20 per share
- Record date: November 27, 2024
- Payment date: January 9, 2025
The company has filed an 8-K to provide an investor presentation containing financial highlights and non-GAAP measures. This is a routine disclosure under Regulation FD intended for use at upcoming conferences and meetings.
📋 Key Facts
- Company prepared an investor presentation (Exhibit 99.1) containing financial highlights.
- The presentation includes certain non-GAAP measures of financial performance to supplement GAAP statements.
- The filing is made pursuant to Item 7.01 (Regulation FD Disclosure).
- The information provided in the exhibit is furnished but not 'filed' for purposes of Section 18 of the Exchange Act.
Build-A-Bear Workshop, Inc. announced the appointment of David Henderson as Chief Revenue Officer, effective September 16, 2024. The filing details his compensation package, including salary, bonuses, and equity awards.
📋 Key Facts
- David Henderson appointed as Chief Revenue Officer, effective September 16, 2024.
- Annual base salary is set at no less than $475,000.
- Target annual cash bonus is 50% of base salary.
- Signing bonus of $25,000 provided.
- Long-term incentive award with a target market value of $132,632 (pro-rated for 2024).
- Equity awards consist of 50% time-based restricted stock and 50% performance-based restricted stock vesting over three years.
- Henderson brings extensive experience from Melissa & Doug, Newell Brands, and Hasbro.
Build-A-Bear Workshop, Inc. has terminated its previous $50 million stock repurchase program and authorized a new $100 million program through September 2028. Additionally, the Board declared a quarterly cash dividend of $0.20 per share.
📋 Key Facts
- Terminated the August 2022 Stock Repurchase Program ($50M authorized; ~$44M utilized to repurchase 1.9 million shares at an average price of $23.05).
- Authorized a new 'September 2024 Stock Repurchase Program' for up to $100 million.
- The new repurchase program is valid through September 30, 2028.
- Declared a quarterly cash dividend of $0.20 per share.
- Dividend record date: September 26, 2024; Payment date: October 10, 2024.
Build-A-Bear Workshop, Inc. issued an 8-K to furnish its financial results for the second fiscal quarter ended August 3, 2024. The filing includes a press release containing both GAAP and non-GAAP financial measures.
📋 Key Facts
- Reporting period: Second fiscal quarter ended August 3, 2024.
- Filing date: August 29, 2024.
- The company provided supplemental non-GAAP financial measures to complement GAAP results.
- Results were issued via press release (Exhibit 99.1).
Build-A-Bear Workshop, Inc. reported the results of its Annual Meeting held on June 13, 2024. The meeting included the election of two directors, ratification of independent auditors, and an advisory vote on executive compensation.
📋 Key Facts
- Annual Meeting held on June 13, 2024.
- George Carrara was elected to the Board for a term expiring in 2027 (8,151,557 votes 'For').
- Sharon John was elected to the Board for a term expiring in 2027 (8,195,264 votes 'For').
- Stockholders ratified the appointment of Ernst & Young LLP as independent accountants for the fiscal year ending February 1, 2025.
- Advisory vote on executive compensation was approved by a majority.
Build-A-Bear Workshop, Inc. announced a quarterly cash dividend of $0.20 per share. The dividend is scheduled to be paid on July 11, 2024, to shareholders of record as of June 27, 2024.
📋 Key Facts
- Quarterly cash dividend declared: $0.20 per share
- Record date: June 27, 2024
- Payment date: July 11, 2024
- Board of Directors declaration date: June 13, 2024
Build-A-Bear Workshop, Inc. filed an 8-K to announce its financial results for the first fiscal quarter ended May 4, 2024. The filing serves as a formal announcement of the earnings release and includes non-GAAP financial measures.
📋 Key Facts
- Reporting period: First fiscal quarter ended May 4, 2024.
- Filing date: May 30, 2024.
- The company provided results in accordance with GAAP and supplemented them with non-GAAP financial measures to identify underlying trends.
Build-A-Bear Workshop, Inc. announced adjustments to executive compensation, including base salary updates, 2024 annual bonus program performance objectives, and long-term incentive (LTI) compensation grants for its executive officers.
🚩 Red Flags
- None identified. This is a standard administrative update regarding executive compensation structures.
📋 Key Facts
- Adjusted annual base salary for CEO Sharon John is $787,700.
- Other executive salaries: COO J. Christopher Hurt ($479,600), CFO Voin Todorovic ($479,500), and CAO/General Counsel Eric Fencl ($387,400).
- 2024 Cash Bonus Program targets include EBITDA (profitability) and total revenue metrics.
- Long-term incentive (LTI) awards consist of performance-based restricted stock (vesting 2027) and time-based restricted stock (vesting in three tranches from 2025-2027).
- Performance-based stock is weighted 65% toward profitability (cumulative EBITDA) and 35% toward revenue goals.
Build-A-Bear Workshop, Inc. filed an 8-K to announce its fourth quarter and fiscal year 2023 financial results for the period ended February 3, 2024.
📋 Key Facts
- Reporting of Q4 and FY2023 financial results via press release (Exhibit 99.1).
- Fiscal year ended on February 3, 2024.
- The company provided non-GAAP financial measures to complement GAAP reporting.
Build-A-Bear Workshop, Inc. announced a regular cash dividend of $0.20 per share and the initiation of a new quarterly dividend program.
📋 Key Facts
- Dividend amount: $0.20 per share.
- Record date: March 28, 2024 (close of business).
- Payment date: April 11, 2024.
- The company is initiating a new quarterly dividend program.
Build-A-Bear Workshop, Inc. announced the termination of Jennifer Kretchmar, Chief Digital and Merchandising Officer, without cause, effective February 3, 2024. The departure includes a separation agreement and a subsequent six-month consulting arrangement.
🚩 Red Flags
- Departure of a C-suite officer (Chief Digital and Merchandising Officer) can signal shifts in digital strategy or internal restructuring.
📋 Key Facts
- Jennifer Kretchmar terminated as Chief Digital and Merchandising Officer without cause, effective Feb 3, 2024.
- Severance package includes $470,800 in cash (paid over 12 months) plus a lump sum of $15,254 for health benefits.
- Ms. Kretchmar is entitled to her 2023 executive bonus per the company's bonus plan.
- Unvested restricted stock and long-term performance-based cash incentive awards were forfeited upon termination.
- A Consulting Agreement was entered into on Feb 4, 2024, for a six-month term at $50,000 per month.