Build-A-Bear sees FY23 revenue growth 5%-7%

Expects FY23 CapEx $15M-$20M, pre-tax income growth of 10%-15% vs. FY22, surpassing the record high that the company achieved in FY22, and to open 20 to 30 experience locations, through a combination of third-party retail and corporately-managed business models, with the majority planned for the second half of the year.