Record Annual Revenue and Growth
Fiscal 2025 total revenues of $529.8M, up 6.7% year-over-year — first time above $500M for the company; Q4 revenues of $154.5M, up 2.7% year-over-year.
Record Profitability for the Year
Full-year pretax income of $67.2M was a record for the company and EPS for fiscal 2025 was $3.99, up ~5% year-over-year (tariffs reduced FY EPS by ~$0.65).
Strong International Expansion
Entered 8 new countries in 2025, doubling international footprint to 36 countries in two years; added 11 net new experience locations in Q4 and plan to open at least 50 net new locations in 2026 (majority partner-operated/asset-light).
Portfolio & Store Growth
Ended the year with 375 corporately managed stores, 109 franchise locations and 178 partner-operated locations; partner-operated footprint now nearly 30% of total portfolio, enabling faster, asset-light expansion.
Commercial / Wholesale Momentum
Commercial revenue (wholesale & partner shipments) increased 42.2% in the quarter and 23.4% for the year; secured multimillion-dollar wholesale placement at ~1,500 Walmart locations.
Product & IP Wins Driving Engagement
Sold over 3,000,000 Mini Beans since launch; Kabu IP content generated >1,000,000 YouTube views and Kabu plush sales exceeded $1,000,000 — demonstrating product/content/retail integration and collector interest.
Proven Retail Execution & Occasion Strength
Valentine’s Day was the largest revenue day in North American store history (surpassing prior Black Friday), credited to trend-right product, in-store execution and marketing campaign “A Squeeze Away.”
Capital Return and Shareholder Actions
Returned nearly $40M directly to shareholders via tax and dividends in the referenced period and, since 2019, $170M in dividends and share repurchases of >4,000,000 shares (share count reduced ~25% from peak).
Orderly Leadership Transition
Planned CEO succession announced: long-time COO Christopher Hurt to assume CEO role on June 11, 2026, following a multiyear succession process, providing continuity and operational familiarity.