Build-A-Bear FY26 Q2 net income drops 24% to $7.6 million; revenue falls 7.2% to $115.3 million - BBW News | RalliesBuild-A-Bear FY26 Q2 net income drops 24% to $7.6 million; revenue falls 7.2% to $115.3 million
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BBW• Build-A-Bear reports lower Q2 profit and revenue
- Build-A-Bear Workshop posted Q2 net income of $9.2 million, down 24.25% from a year earlier as revenue fell 7.2% to $115.3 million.
- Retail gross margin narrowed 3.6 percentage points to 54% on occupancy cost deleverage and higher promotional activity.
- SG&A expenses declined 8.87% to $51.4 million, driven mainly by lower incentive compensation.
- Adjusted EBITDA fell 19.1% to $15.2 million; the company cited weaker gross profit, partly offset by lower SG&A.
- Global location count reached 674, including 379 corporately managed, 177 partner-operated, and 118 international franchise sites.
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