Shares of Build-A-Bear Workshop (NYSE: BBW) surged more than 14% after it reported earnings for its third quarter of Fiscal Year 2022. Earnings per share came in at $0.51, which beat analysts’ consensus estimate of $0.38 per share.
Sales increased by 9.9% year-over-year, with revenue hitting $104.51 million. This beat analysts’ target by more than $1.8 million. Looking forward, management now expects revenue for Fiscal Year 2022 to be in the range of $455 million to $465 million.