Build-A-Bear Cuts FY26 Revenue Outlook to $500M-$525M and Fires Chief Growth Officer
BBW sits 19% above its 52-week low of $29.35.
Summary
Build-A-Bear cut its fiscal 2026 revenue and profit outlook after a weak Q2, and terminated its Chief Growth Officer without cause.
Key Events · Earnings and Guidance · BBW
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FY26 Revenue Guidance Cut
Full-year revenue outlook lowered to $500M-$525M from prior expectations; pre-tax income outlook set at $60M-$68M (adjusted $53M-$61M).
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Q2 Revenue and EPS Decline
Q2 total revenues fell 7.2% to $115.3M; diluted EPS dropped to $0.70 from $0.94 a year earlier.
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Chief Growth Officer Terminated
David Henderson was terminated without cause effective August 26, 2026, with $501,500 in severance plus benefits.
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Cash Position Deteriorates
Cash and equivalents fell 64.2% year-over-year to $14.0M, driven by share repurchases and higher capital expenditures.
Analysis · BBW · Trade & Services
A weak second quarter saw revenue down 7.2% and diluted EPS fall to $0.70 from $0.94, prompting a cut in full-year revenue guidance to $500M-$525M and pre-tax income to $60M-$68M. The company also terminated Chief Growth Officer David Henderson without cause, paying $501,500 in severance. The guidance cut confirms the demand slowdown and wholesale delays management cited, while the executive departure adds governance uncertainty during a period of declining sales and shrinking cash reserves.
How filings like this one have moved
In the 30 days to Sep 10, 2026, 35.7% of the 1838 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was 0.00%. These are measured outcomes after filings of this importance, not a forecast for this one.
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At the time of this filing, BBW was trading at $35.00 on NYSE in the Trade & Services sector, with a market capitalization of approximately $490.2M. The 52-week trading range was $29.35 to $75.85. This filing was assessed with negative market sentiment and an importance score of 8 out of 10.