Build-A-Bear Workshop, Inc. Declares Quarterly Cash Dividend
November 12 2024 - 4:05PM
Business Wire
Build-A-Bear Workshop, Inc. (NYSE: BBW) announced today that its
Board of Directors declared a quarterly cash dividend of $0.20 per
share on the issued and outstanding common stock of the company.
The dividend will be paid on January 9, 2025, to all stockholders
of record as of November 27, 2024.
About Build-A-Bear
Since its beginning in 1997, Build-A-Bear has evolved to become
a beloved multi-generational brand focused on its mission to “add a
little more heart to life” where guests of all ages make their own
“furry friends” in celebration and commemoration of life moments.
Guests create their own stuffed animals by participating in the
stuffing, dressing, accessorizing, and naming of their own teddy
bears and other plush toys based on the Company’s own intellectual
property and in conjunction with a variety of best-in-class
licenses. The hands-on and interactive nature of our more than 500
company-owned, partner-operated and franchise experience locations
around the world, combined with Build-A-Bear’s pop-culture appeal,
often fosters a lasting and emotional brand connection with
consumers, and has enabled the Company to expand beyond its retail
stores to include e-commerce sales on www.buildabear.com and
non-plush branded consumer categories via out-bound licensing
agreements with leading manufacturers, as well as the creation of
engaging content via Build-A-Bear Entertainment (a subsidiary of
Build-A-Bear Workshop, Inc.). Build-A-Bear Workshop, Inc. (NYSE:
BBW) posted consolidated total revenues of $486.1 million for
fiscal 2023. For more information, visit the Investor Relations
section of buildabear.com.
Forward-Looking Statements:
Statements regarding quarterly or future dividends, whether
regular or special, payable to the company's shareholders, which
may be subject to future increases, decreases, or elimination, as
determined by the Build-A-Bear Workshop, Inc. Board of Directors,
are forward-looking statements as defined in the Private Securities
Litigation Reform Act of 1995. The company cautions investors that
any such forward-looking statements are not guarantees of future
performance, including but not limited to, growth, earnings
improvement, returns, future dividend payments, or the amount of
such payments. Investors are directed to consider the risks and
uncertainties in the company's business that may cause actual
results to differ and/or affect the board's decision to declare
dividends in the future, including those factors discussed under
the caption entitled “Risk Factors” and “Forward-Looking
Statements” in our Annual Report on Form 10-K filed with the
Securities and Exchange Commission (“SEC”) on April 18, 2024 and
other periodic reports filed with the SEC which are incorporated
herein.
All of our forward-looking statements are as of the date of this
Press Release only. In each case, actual results may differ
materially from such forward-looking information. We can give no
assurance that such expectations or forward-looking statements will
prove to be correct. An occurrence of or any material adverse
change in one or more of the risk factors or other risks and
uncertainties referred to in this Press Release or included in our
other public disclosures or our other periodic reports or other
documents or filings filed with or furnished to the SEC could
materially and adversely affect our continuing operations and our
future financial results, cash flows, available credit, prospects
and liquidity. Except as required by law, the Company does not
undertake to publicly update or revise its forward-looking
statements, whether as a result of new information, future events
or otherwise.
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version on businesswire.com: https://www.businesswire.com/news/home/20241112140418/en/
Investor Relations Contact Gary Schnierow, Vice
President, Investor Relations & Corporate Finance
garys@buildabear.com
Media Relations Contact pr@buildabear.com
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