Record-Breaking Revenue and Growth
Fiscal 2024 marked the most successful year in the history of Build-A-Bear Workshop, Inc. with a revenue increase of 3.6% to over $496 million and a pretax income growth of 5.1% to over $67 million.
Expansion of Retail Footprint
Build-A-Bear expanded its global footprint by over 100 additional locations in the past two years, with 24 net new locations in 2024 and plans for at least 50 new net locations in 2025.
Digital Transformation and Omnichannel Advancements
The company made significant improvements in its omnichannel capabilities, including a tenfold increase in same-day shipped orders through Uber and double-digit growth in 'record-your-voice' online sales.
Increased Shareholder Returns
Build-A-Bear returned $42 million in capital to shareholders in 2024 and increased the quarterly dividend by 10% to $0.22 per share.
Successful New Initiatives and Products
The Mini Beans collection sold over 1.25 million units, and new product offerings like the Cougar Bear drove significant media attention and sales.