{"id":172161,"date":"2023-03-09T17:27:40","date_gmt":"2023-03-09T17:27:40","guid":{"rendered":"https:\/\/precoinnews.com\/?p=172161"},"modified":"2023-03-09T17:27:40","modified_gmt":"2023-03-09T17:27:40","slug":"build-a-bear-workshop-shares-rise-25-on-outlook-sets-special-dividend","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/bitcoin\/build-a-bear-workshop-shares-rise-25-on-outlook-sets-special-dividend\/","title":{"rendered":"Build-A-Bear Workshop Shares Rise 25% On Outlook; Sets Special Dividend"},"content":{"rendered":"
Shares of Build-A-Bear Workshop, Inc. (BBW) are rising more than 25% Thursday morning after the company announced a special dividend of $1.50 per share.<\/p>\n
The dividend is to be paid on April 6, to stockholders of record as on March 23.<\/p>\n
Profit for the fourth quarter decreased 14.9% to $20.5 million, or $1.39 per share from $24.1 million, or $1.48 per share, in the same quarter a year ago. On an adjusted basis, earnings were $19.1 million, or $1.30 per share<\/p>\n
Quarterly revenues, however, increased 11.6% to $145.1 million from $130.0 million last year.<\/p>\n
Looking forward to the full year, the company expects revenue to increase 5% to 7% year-on-year.<\/p>\n
BBW is at $25.75 currently. It has traded in the range of $12.47-$26.87 in the last 1 year. <\/p>\n