Capital investment and capacitypositive · 6 filings
“The increase in cash used in investing activities was primarily driven by increased spending on capital expenditures.”10-Q · Sep 10, 2026 ↗
Build-A-Bear Workshop, Inc.
BBW
Market read
No connected market move is active around Build-A-Bear Workshop, Inc..
No new filing conclusion is available. 0 of 0 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 7 directly disclosed connections are confirming.
P/E7.1xlatest annual facts
Revenue YoY+6.7%2026-01-31
Company+1.8% todayVolume comparison unavailable
Market groupNo active group readNo durable group available
Disclosed network0 of 7 confirmingNo filing-linked name is confirming now
What would change this read
Watch this read- A $7.0 million tariff refund tied to prior fiscal year costs provided a quantified benefit to retail gross margin.
- Capital spending rose to $15.4 million and was the primary reason investing cash use increased.
Invalidation: The isolated read changes if BBW's group or a disclosed connection begins moving with it.
Research brief
The story so far
No new filing conclusion is available. 0 of 0 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 7 directly disclosed connections are confirming.
Evidence that supports
No thresholded supportive filing evidence is available yet.
Evidence that challenges
No thresholded adverse filing evidence is available yet.
What would clarify the read
- A $7.0 million tariff refund tied to prior fiscal year costs provided a quantified benefit to retail gross margin.
- Capital spending rose to $15.4 million and was the primary reason investing cash use increased.
Company research
Understand the business, not just the ticker
Business model and earnings drivers
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
Key research questions
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
Annual periods9
Price observations336
Usable filing statements120
Verified relationships7
Evidence supporting the case
- Latest annual revenue changed +6.7% year over year.
- Operating cash flow covered net income at 1.25x in the latest annual period.
- Capital investment and capacity has repeated favorable evidence across 6 filings.
- Tariffs and trade policy has repeated favorable evidence across 5 filings.
Evidence challenging the case
- Macroeconomic conditions has repeated adverse evidence across 6 filings.
Questions before a position
- P/E is 62% below the available filing-peer median; determine whether growth and quality justify the difference.
- EV/sales is 31% below the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context
Price as of Oct 5, 2026
26.066m-36.5%12m-63.4%24m—
Annual trajectory
Reported annual revenue and per-share history. This is accounting history, not a forecast.
PeriodRevenueYoYDiluted EPSShare change
2022-01-29$411.5M+61.2%$2.93+8.0%
2023-01-28$467.9M+13.7%$3.15-5.4%
2024-02-03$486.1M+3.9%$3.65-5.1%
2025-02-01$496.4M+2.1%$3.80-5.9%
2026-01-31$529.8M+6.7%$3.99-3.9%
What management says matters
Persistent and emerging business drivers
Macroeconomic conditionsmixed · 6 filings
“The 120 -basis-point increase in SG&A expense was driven mainly by higher store-level compensation expense, general inflationary pressures, and longer-term investments, partially offset by lower incentive compensation expense.”10-Q · Sep 10, 2026 ↗
Tariffs and trade policypositive · 5 filings
“The Company recorded the related receivable, recognized a $ 10.4 million benefit in cost of merchandise sold-retail, including approximately $ 7.0 million related to prior fiscal year costs, and reduced the carrying value of inventory by approximately $ 2.8 m…”10-Q · Sep 10, 2026 ↗
Demand and volumemixed · 3 filings
“The components of the performance are as follows (dollars in thousands): Twenty-six weeks ended August 1, 2026 Impact from: Existing stores $ (18,450 ) New stores 7,679 Store closures (963 ) Foreign currency translation 701 Gift card breakage (161 ) Gift card…”10-Q · Sep 10, 2026 ↗
Valuation discipline
Descriptive valuation snapshot
Price/sales 0.6× · EV/sales 0.6×. Comparisons use only industry-matched filing peers.
Scenario scaffold
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
How the market is pricing the story
26.06+1.8% today
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 5 Oct, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for BBW. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Filing analysis
No comparable filing assessment is available yet
Jodie has not yet found a suitable current-versus-prior filing comparison for BBW. This does not mean the latest filing was neutral or immaterial.
Business ecosystem
The relationships behind BBW
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
PKGPackaging Corporation of AmericasupplierApr 16, 2026 ▾
“Packaging and labels for each product indicate the age grading for the product and any special warnings in accordance with guidelines established by the CPSC or other applicable authority.”
AMZNAmazon.com, Inc.competitorApr 16, 2026 ▾
“We also compete with toy retailers including online and mass merchandisers such as Amazon and Target.”
Depended on by
PRKSUnited Parks & Resorts Inc.partnerMar 3, 2026 ▾
“In addition, we have expanded our brand appeal through strategic alliances with well-known external brands, including Sesame Street and Build-A-Bear.”
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks 4 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
BBW is currently a Follower in the organic co-movement group Unknown Theme. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.
This group is retained as the last observed read for BBW; it is not active in the latest market snapshot.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.