Build-A-Bear Workshop named to the FORTUNE 100 Best Companies to Work For list for the tenth consecutive year

ST. LOUIS, 2018-Feb-20 — /EPR Retail News/ — For the tenth year running, Build-A-Bear Workshop has been named to the FORTUNE 100 Best Companies to Work For list, according to global research and consulting firm Great Place to Work and Fortune.

Build-A-Bear Workshop ranked No. 55 on the list, which is based on survey responses from more than 310,000 employees rating their workplace culture on 50-plus elements of the workplace. These include trust in managers, compensation, fairness, camaraderie and workplace traits linked to innovation. The ranking accounted for the experiences of all employees including women, people of color, LGBT individuals, older team members, and disabled employees.

Great Place to Work research shows that list winners keep beating industry rivals when it comes to talent retention and demonstrating higher levels of productivity than peers.

In the most recent Associate Experience Survey, 95 percent of U.S. Build-A-Bear Workshop associates said they understand how their work supports the mission of Build-A-Bear—to “Add a Little More Heart to Life.” Build-A-Bear associates also indicated that they believe in the company’s core value of “Give” by making their communities a better place to live, work and play through contributions of time and talent.

“For a decade, our associates have attested to Build-A-Bear Workshop being a highly-engaged and satisfying workplace,” said Sharon Price John, president and chief executive officer, Build-A-Bear Workshop. “The well-being of our employees and opportunities for career growth are priorities for us. In fact, in 2017, more than 50 percent of our store management positions were filled by internal promotions. Our inclusion on this esteemed list wouldn’t be possible without our associates, and we thank them for their continued dedication to our mission every day.”

The 100 Best Companies is one of a series of rankings by Great Place to Work and FORTUNE based on employee feedback from Great Place to Work-Certified™ organizations. Build-A-Bear Workshop also ranked as a best workplace on the following lists by Great Place to Work® and FORTUNE: 2017 Best Workplaces for Women list (third consecutive year); the 2017 Best Workplaces in Retail list (fourth consecutive year); the 2017 Best Workplaces for Millennials list (third consecutive year); and the 2017 Best Workplaces for Diversity list (third consecutive year).

About Build-A-Bear
Build-A-Bear is a global brand kids love and parents trust that seeks to add a little more heart to life. Build-A-Bear Workshop has over 400 stores worldwide where guests can create customizable furry friends, including corporately-managed stores in the United States, Canada, China, Denmark, Ireland, Puerto Rico, and the United Kingdom, and franchise stores in Africa, Asia, Australia, Europe, Mexico and the Middle East. The company was named to the FORTUNE 100 Best Companies to Work For® list for the 10th year in a row in 2018. Build-A-Bear Workshop, Inc. (NYSE:BBW) posted a total revenue of $357.9 million in fiscal 2017. For more information, visit the Investor Relations section of buildabear.com.

About The FORTUNE 100 Best Companies To Work For®
Great Place to Work based its ranking on a data-driven methodology applied to anonymous Trust Index™ survey responses from more than 310,000 employees at Great Place to Work-Certified organizations with more than 1,000 employees. To learn more about Great Place to Work Certification and recognition on Best Workplaces lists published with FORTUNE, visit Greatplacetowork.com.

About Great Place to Work®
Great Place to Work is the global authority on high-trust, high-performance workplace cultures. Through its certification programs, Great Place to Work recognizes outstanding workplace cultures and produces the annual Fortune “100 Best Companies to Work For®” and Great Place to Work Best Workplaces lists for Millennials, Women, Diversity, Small & Medium Companies, industries and, internationally, countries and regions. Through its culture consulting services, Great Place to Work helps clients create great workplaces that outpace peers on key business metrics like revenue growth, profitability, retention and stock performance.

Learn more at Greatplacetowork.com and on LinkedIn, TwitterFacebook and Instagram.

Contact:

Maria Lemakis
Build-A-Bear Workshop
(314) 423-8000, ext. 5367
MariaL@buildabear.com

SOURCE: Build-A-Bear Workshop

Build-A-Bear Workshop among the Best Workplaces for Diversity according to Great Place to Work and FORTUNE

ST. LOUIS, 2017-Dec-08 — /EPR Retail News/ — For the third consecutive year, Build-A-Bear Workshop Inc. (NYSE: BBW)—an interactive destination where Guests can make customized furry friends­—is one of the Best Workplaces for Diversity, according to global research and consulting firm Great Place to Work and FORTUNE.

Build-A-Bear Workshop ranked No. 37 on the 2017 list, which is based on more than 440,000 employee surveys from organizations in a wide range of industries across the U.S., taking into account more than 50 elements of team members’ experience on the job. These include professional development, behaviors linked to innovation, leadership confidence and consistent treatment among employees of different backgrounds. The ranking also accounts for the share of women, people of color, Baby Boomers and LGBT individuals in the workplace.

“We are incredibly grateful to have so many talented associates from different backgrounds contributing to our success and continuing to make Build-A-Bear Workshop a fun, fulfilling place to work,” said Sharon Price John, president and chief executive officer, Build-A-Bear Workshop. “We value the unique expertise and perspective each of our team members brings in helping us add a little more heart to life.”

The Best Workplaces for Diversity stand out for their consistent leadership and the meaningful ways that all employees contribute to their organizations. Tenure for women and people of color was higher at the leading employers than at their peers. In several business sectors, the winning organizations also reported turnover two to three times lower than industry averages.

“The Best Workplaces for Diversity have achieved something beyond basic fairness. They find ways to connect with each and every employee, listening to their challenges and building on their talents,” said Michael Bush, CEO of Great Place to Work.

The Best Workplaces for Diversity is one of a series of rankings by Great Place to Work and FORTUNE based on employee survey feedback from Great Place to Work®-CertifiedTM organizations. Build-A-Bear Workshop also ranked as a best workplace on the following lists by Great Place to Work® and FORTUNE: the 2017 100 Best Companies to Work For® list (for the ninth consecutive year);the 2017 Best Workplaces for Women list (for the third consecutive year); the 2017 Best Workplaces in Retail list (for the fourth consecutive year); and the 2017 Best Workplaces for Millennials list (for the third consecutive year).

About Build-A-Bear
Founded in St. Louis in 1997, Build-A-Bear, a global brand kids love and parents trust, seeks to add a little more heart to life. Build-A-Bear Workshop has approximately 400 stores worldwide where Guests can create customizable furry friends, including company-owned stores in the United States, Canada, Denmark, Ireland, Puerto Rico, the United Kingdom and China, and franchise stores in Africa, Asia, Australia, Europe, Mexico and the Middle East. The company was named to the FORTUNE 100 Best Companies to Work For® list for the ninth year in a row in 2017. Build-A-Bear Workshop, Inc. (NYSE: BBW) posted a total revenue of $364.2 million in fiscal 2016. For more information, visit buildabear.com.

About the Best Workplaces for Diversity
Great Place to Work based its ranking on a data-driven methodology applied to anonymous Trust Index™ survey responses from 442,624 employees at Great Place to Work-Certified organizations. To learn more about Great Place to Work Certification and recognition on Best Workplaces lists published with FORTUNE, visit Greatplacetowork.com.

About Great Place to Work
Great Place to Work is the global authority on high-trust, high-performance workplace cultures. Through its certification programs, Great Place to Work recognizes outstanding workplace cultures and produces the annual Fortune “100 Best Companies to Work For®” and Great Place to Work Best Workplaces lists for Millennials, Women, Diversity, Small & Medium Companies, industries and, internationally, countries and regions. Through its culture consulting services, Great Place to Work helps clients create great workplaces that outpace peers on key business metrics like revenue growth, profitability, retention and stock performance.

Learn more at Greatplacetowork.com and on LinkedInTwitterFacebook and Instagram.

Source: Build-A-Bear Workshop, Inc.

Build-A-Bear to mark its 20th Birthday by donating 20,000 teddy bears to children’s hospitals nationwide

Build-A-Bear to mark its 20th Birthday by donating 20,000 teddy bears to children’s hospitals nationwide

 

Cuddly Company Kicks Off Countdown to 20th Birthday on October 27 with 20,000-bear Donation and Announcement of a New Charitable Giving Focus

ST. LOUIS, 2017-Oct-11 — /EPR Retail News/ — In honor of the company’s 20th Birthday, Build-A-Bear today (Oct. 10, 2017) announced a donation of 20,000 teddy bears that will be distributed among two dozen children’s hospitals across the United States. Volunteer coordination for the nationwide donation is powered by United Way, and UPS is serving as the official logistics and shipping partner. Teddy bear deliveries have already begun to hospitals from coast to coast, including:

The initiative will culminate with a special delivery to patients at NewYork-Presbyterian Morgan Stanley Children’s Hospital in New York City by Build-A-Bear Workshop President and Chief Executive Officer Sharon Price John on Thursday, October 26, the day before the company’s 20th Birthday.

The donation was funded by Build-A-Bear Foundation to commemorate the past 20 years of giving and to introduce a new charitable focus as it looks toward the future.

“Since 1997, Build-A-Bear has donated nearly $50 million in funds and furry friends to a variety of organizations,” said Sharon John, president and CEO, Build-A-Bear Workshop. “We have always believed in the power of hugs and the simple comfort of having a furry friend by your side. Starting in November, Build-A-Bear Foundation will turn its focus to giving efforts that support the well-being of children through opportunities to make their days a little bit brighter. The delivery of tens of thousands of teddy bears to deserving patients at some of our country’s best hospitals would not have been possible without the generous support of our partners at United Way and UPS.”

Nearly 100 volunteers are helping to make the bear deliveries happen thanks to tireless coordination and support from United Way and HandsOn Network organizations located near the hospitals.

“United Way is excited to celebrate this milestone anniversary with Build-A-Bear, alongside UPS, through this donation,” said Orvin Kimbrough, president and CEO, United Way of Greater St. Louis. “We look forward to continuing our long-time partnership, working together to support child well-being and help people in communities across the country.”

Each teddy bear is accompanied by a personal message hand-written by representatives of Build-A-Bear, United Way and UPS. The finished bears were packaged with care by Build-A-Bear associates at the company’s Bearhouse in Groveport, Ohio. Dedicated teams of UPS drivers will make sure the furry friends journey safely and quickly to every corner of the country.

“A child’s smile can be the most telling sign you’ve made a positive impact in their life,” said David Hopkins, director of marketing and United Way coordinator for UPS. “UPS enjoys making a difference in our communities, including supporting the United Way as one of its largest givers. We’re honored to extend that relationship by helping Build-A-Bear Foundation deliver some happiness to children while they’re receiving treatment in their local hospitals.”

To learn more about the mission of Build-A-Bear Foundation, visit buildabear.com/giving. For more information about Build-A-Bear, visit buildabear.com and follow the brand on FacebookTwitterYouTube and Instagram.

About Build-A-Bear
Celebrating 20 years of business in 2017, Build-A-Bear is a global brand kids love and parents trust that seeks to add a little more heart to life. Build-A-Bear Workshop has approximately 400 stores worldwide where Guests can create customizable furry friends, including company-owned stores in the United States, Canada, Denmark, Ireland, Puerto Rico, the United Kingdom and China, and franchise stores in Africa, Asia, Australia, Europe, Mexico and the Middle East. The company was named to the Fortune 100 Best Companies to Work For® list for the ninth year in a row in 2017. Build-A-Bear Workshop, Inc. (NYSE:BBW) posted a total revenue of $364.2 million in fiscal 2016. For more information, visit buildabear.com.

About United Way Worldwide
United Way fights for the health, education and financial stability of every person in every community. Supported by 2.8 million volunteers, 9.8 million donors worldwide, and more than $4.7 billion raised every year, United Wayis the world’s largest privately-funded nonprofit. We’re engaged in nearly 1,800 communities across more than 40 countries and territories worldwide to create sustainable solutions to the challenges facing our communities. United Way partners include global, national and local businesses, nonprofits, government, civic and faith-based organizations, along with educators, labor leaders, health providers, senior citizens, students and more. For more information about United Way, please visit UnitedWay.org.

About UPS
UPS (NYSE: UPS) is a global leader in logistics, offering a broad range of solutions including transporting packages and freight; facilitating international trade, and deploying advanced technology to more efficiently manage the world of business. Headquartered in Atlanta, UPS serves more than 220 countries and territories worldwide. The company can be found on the web at ups.com® or pressroom.ups.com and its corporate blog can be found at longitudes.ups.com. To get UPS news direct, follow @UPS_News on Twitter.

Contact:

Marissa Eifert
314-982-1739
Marissa.eifert@fleishman.com

SOURCE: Build-A-Bear Workshop, Inc.

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Build-A-Bear Workshop, Inc. completes previously announced review of strategic alternatives

Board Adopts Share Repurchase Program of up to $20 Million

ST. LOUIS, 2017-Aug-23 — /EPR Retail News/ — Build-A-Bear Workshop, Inc. (NYSE:BBW) today (-Aug. 21, 2017) announced that its Board of Directors has completed its previously announced review of strategic alternatives. After an extensive analysis and careful consideration of a broad range of strategic alternatives by the Board of Directors in consultation with its financial and legal advisors, the Board of Directors has authorized a share repurchase program of up to $20 million.

“The process conducted by our Board of Directors was very comprehensive,” said Sharon Price John, President and Chief Executive Officer, Build-A-Bear Workshop. “Adoption of the share repurchase program reflects our belief that our stock represents an attractive investment opportunity. Because our company has returned to sustained profitability and has strong cash flow and a flexible capital structure, we believe Build-A-Bear Workshop will have the capacity to repurchase our stock while still deploying capital to facilitate the attainment of our next stated objective of sustained profitable growth. The Board’s decision to adopt a share repurchase program is a testament to our confidence and optimism in the strength of our evolved business model and our continued commitment to increase shareholder value.”

“In the course of our review process, we carefully evaluated our business and its opportunities,” said Ms. John. “Although our formal review of a broad range of strategic alternatives is complete, we continue to prioritize the initiatives that will allow us to achieve our long-term business goals.”

Increased Share Repurchase Program

Under the share repurchase program authorized by the Board, the Company currently intends to purchase up to $20 million of its common stock in the open market (including through 10b5-1 trading plans), or through privately negotiated transactions. The primary source of funding for the program is expected to be cash on hand. The timing and amount of share repurchases, if any, will depend on price, market conditions, applicable regulatory requirements, and other factors. The program authorizes the Company to repurchase shares through September 30, 2020, does not require the Company to repurchase any specific number of shares, and may be modified, suspended or terminated at any time without prior notice. Shares repurchased under the program will be subsequently retired.

About Build-A-Bear

Celebrating 20 years of business in 2017, Build-A-Bear is a global brand kids love and parents trust that seeks to add a little more heart to life. Build-A-Bear Workshop has approximately 400 stores worldwide where guests can create customizable furry friends, including company-owned stores in the United States, Canada, Denmark, Ireland, Puerto Rico, the United Kingdom and China, and franchise stores in Africa, Asia, Australia, Europe, Mexico and the Middle East. The Company was named to the FORTUNE 100 Best Companies to Work For® list for the eighth year in a row in 2016. Build-A-Bear Workshop, Inc. (NYSE:BBW) posted a total revenue of $364.2 million in fiscal 2016. For more information, visit the Investor Relations section of buildabear.com.

Forward-Looking Statements

This press release contains certain statements that are, or may be considered to be, “forward-looking statements” for the purpose of federal securities laws, including, but not limited to, statements that reflect our current views with respect to future events and financial performance. We generally identify these statements by words or phrases such as “may,” “might,” “should,” “expect,” “plan,” “anticipate,” “believe,” “estimate,” “intend,” “predict,” “future,” “potential” or “continue,” the negative or any derivative of these terms and other comparable terminology. All of the information concerning the effect on our business of the announcement of the completion of the strategic review process and the authorization of the share repurchase program, our ability to repurchase shares at all or at the times or in the amounts we currently anticipate, or to otherwise effectively implement the share repurchase program, our future liquidity, future revenues, margins and other future financial performance and results, achievement of operating of financial plans or forecasts for future periods, sources and availability of credit and liquidity, future cash flows and cash needs, success and results of strategic initiatives and other future financial performance or financial position, as well as our assumptions underlying such information, constitute forward-looking information.

These statements are based only on our current expectations and projections about future events. Because these forward-looking statements involve risks and uncertainties, there are important factors that could cause our actual results, level of activity, performance or achievements to differ materially from the results, level of activity, performance or achievements expressed or implied by these forward-looking statements, including those factors discussed under the caption entitled “Risks Related to Our Business” and “Forward-Looking Statements” in our Annual Report on Form 10-K filed with the Securities and Exchange Commission (“SEC”) on March 16, 2017 and other periodic reports filed with the SEC which are incorporated herein.

All of our forward-looking statements are as of the date of this Press Release only. In each case, actual results may differ materially from such forward-looking information. We can give no assurance that such expectations or forward-looking statements will prove to be correct. An occurrence of or any material adverse change in one or more of the risk factors or other risks and uncertainties referred to in this Press Release or included in our other public disclosures or our other periodic reports or other documents or filings filed with or furnished to the SEC could materially and adversely affect our continuing operations and our future financial results, cash flows, available credit, prospects and liquidity. Except as required by law, the Company does not undertake to publicly update or revise its forward-looking statements, whether as a result of new information, future events or otherwise.

Investors:
Build-A-Bear Workshop
Voin Todorovic
314.423.8000 x5221

Media:
Build-A-Bear Workshop
Beth Kerley
bethk@buildabear.com

Source: Build-A-Bear Workshop, Inc.

Build-A-Bear Workshop details new partnership with PBS KIDS

Partnership includes video messages aired during “Curious George” and “Wild Kratts,” digital messaging and content integration during in-store events

ST. LOUIS, 2017-Aug-07 — /EPR Retail News/ — Build-A-Bear Workshop today (Aug. 3, 2017) announced official details of a new partnership with PBS KIDS. In April, Build-A-Bear kicked off a corporate sponsorship of two PBS KIDS programs, Curious George and Wild Kratts. This is the first time Build-A-Bear Workshop has underwritten national programming on PBS. The ongoing 2017 partnership is being communicated during “Curious George” and “Wild Kratts” airings through custom, 15-second video underwriting messages, developed to convey the brand benefits of Build-A-Bear and its alignment with PBS KIDS.

“Like Build-A-Bear Workshop, PBS KIDS values the advancement of creativity and imagination,” said Sharon Price John, president and chief executive officer, Build-A-Bear Workshop. “Build-A-Bear encourages children of all ages to use their inventiveness as they experience our unique process to make their own special furry friend. And now, as we approach our 20th birthday, many of our Guests who were introduced to Build-A-Bear as kids have little ones of their own—not unlike PBS.”

Suzanne Zellner, Vice President, Sponsorship Group for Public Television, added, “PBS KIDS sponsors set themselves apart from competitors by showing support of public television and aligning with its values: love of learning, STEM education, social and emotional learning, appreciation of the arts and self-expression, and more. Research shows that parents overwhelmingly view PBS KIDS as the number one educational media brand, and we are proud to partner with a trusted family brand like Build-A-Bear Workshop.”

The underwriting messages from Build-A-Bear Workshop include videos that air during episodes of “Curious George” and “Wild Kratts,” as well as digital advertising on pbskids.org and pbs.org/parents. The on-air and digital messages, which encourage creativity and imagination, will run through the end of 2017 as part of an extended sponsorship.

Build-A-Bear also plans to integrate summer- and friendship-themed content from PBS KIDS into select events at U.S. Build-A-Bear Workshop stores, including a friendship celebration weekend August 4-6 in honor of National Friendship Day. The PBS KIDS content includes activity sheets and booklets for kids as well as resources for parents to use in educating their children about friendship and empathy.

As it relates to the company’s continued commitment to television advertising as an effective communication channel, Build-A-Bear also recently unveiled a new TV commercial that features an original jingle and highlights the iconic, Make-Your-Own experience Guests can only find at Build-A-Bear Workshop. The spot is currently airing on a variety of networks that reach moms and kids; it also offers the brand an opportunity to develop inserts around seasonally relevant product stories.

For more information about Build-A-Bear Workshop, visit buildabear.com and follow the brand on FacebookTwitterYouTube and Instagram.

About Build-A-Bear
Celebrating 20 years of business in 2017, Build-A-Bear is a global brand kids love and parents trust that seeks to add a little more heart to life. Build-A-Bear Workshop has approximately 400 stores worldwide where Guests can create customizable furry friends, including company-owned stores in the United States, Canada, Denmark, Ireland, Puerto Rico, the United Kingdom and China, and franchise stores in Africa, Asia, Australia, Europe, Mexico and the Middle East. The company was named to the Fortune 100 Best Companies to Work For® list for the ninth year in a row in 2017. Build-A-Bear Workshop, Inc. (NYSE:BBW) posted a total revenue of $364.2 million in fiscal 2016. For more information, visit buildabear.com.

About the Sponsorship Group for Public Television
The Sponsorship Group for Public Television represents the best sponsorships on PBS, with national program inventory from WGBH Boston and other producers of quality public television programs, across all genres. For more information on PBS sponsorship opportunities, contact the Sponsorship Group for Public Television at 800.886.9364, e-mail sgptv@wgbh.org or visit sgptv.org.

Contact:

Maria Lemakis
(314) 423-8000, ext. 5367
MariaL@buildabear.com

SOURCE: Build-A-Bear Workshop

Build-A-Bear Workshop’s Reports Sales Performance Impacted by Shift in Valentine’s Day and Easter in First Quarter Fiscal 2017 Results

Build-A-Bear Workshop, Inc. Reports Consolidated Comparable Sales and Profit in Line with Guidance with First Quarter Fiscal 2017 Results

  • First quarter consolidated comparable sales decline 8.1%, in line with guidance, reflecting holiday shifts and following a 2.2% increase in the fiscal 2016 first quarter
  • First quarter results include GAAP pre-tax income of $4.6 million and net income per diluted share of $0.17
  • Consolidated comparable sales increase mid-single digits for the nine-week period from February 19 to April 22, 2017, which accounts for the Easter shift

ST. LOUIS, 2017-Apr-29 — /EPR Retail News/ — Build-A-Bear Workshop, Inc. (NYSE:BBW) today (Apr. 27, 2017) reported results for the first quarter of fiscal 2017, the 13 weeks ended April 1, 2017. The Company noted sales performance was impacted by the shift in timing of both Valentine’s Day and Easter as well as associated school breaks in the quarter.

First Quarter 2017 Highlights (13 weeks ended April 1, 2017, compared to the 13 weeks ended April 2, 2016):

  • Consolidated comparable sales declined 8.1% following a 2.2% increase in the fiscal 2016 first quarter. The fiscal 2017 first quarter included a 9.0% decrease in North America, following a 3.0% increase in the fiscal 2016 first quarter and a 3.3% decrease in Europe, following a decrease of 1.8% in the fiscal 2016 first quarter. Consolidated comparable e-commerce sales decreased 5.6%, following a 1.0% increase in the fiscal 2016 first quarter;
  • Pre-tax income was $4.6 million, including $0.2 million in adjustments, compared to pre-tax income of $5.3 million, including $0.3 million in adjustments, in the fiscal 2016 first quarter. (See Reconciliation of Net Income to Adjusted Net Income);
  • Income tax expense was $1.8 million with an effective tax rate of 39.8%, compared to income tax expense of $1.8 million with an effective tax rate of 33.3% in the fiscal 2016 first quarter;
  • Net income was $2.8 million, or $0.17 per diluted share, compared to net income of $3.5 million, or $0.22 per diluted share, in the fiscal 2016 first quarter; and
  • Adjusted net income was $2.7 million, or $0.17 per diluted share, compared to adjusted net income of $3.0 million, or $0.19 per diluted share, in the fiscal 2016 first quarter. (See Reconciliation of Net Income to Adjusted Net Income.)

Sharon Price John, Build-A-Bear Workshop President and Chief Executive Officer, commented, “In the first quarter, sales and profit levels were in line with previously stated expectations and we made progress in evolving our strategies and building on the foundation that has been laid over the past few years to fuel future growth. As expected, sales were negatively impacted by shifts in both Valentine’s Day and Easter as well as the associated school break periods.

“As adjustments were made to our marketing and media programs following a disappointing fourth quarter, we saw an improvement in overall traffic and sales trends. I am encouraged by the start of the second quarter and believe we are well prepared to capitalize on an exciting lineup of proprietary and licensed properties supported by a robust movie schedule while continuing to evolve and diversify our retail portfolio with a goal of enhancing shareholder value throughout fiscal 2017,” concluded Ms. John.

Additional Fiscal First Quarter 2017 Details (13 weeks ended April 1, 2017, compared to the 13 weeks ended April 2, 2016):

  • Total revenues were $90.6 million compared to $95.0 million in the fiscal 2016 first quarter. The decline in total revenues reflects a decrease in consolidated comparable sales and unfavorable currency exchange rates partially offset by increases in sales from new retail locations and commercial revenue from the Company’s strategic wholesale and licensing initiatives;
  • Consolidated net retail sales were $88.6 million compared to $94.1 million in the fiscal 2016 first quarter;
  • Retail gross margin declined 130 basis points to 47.1% compared to 48.4% in the fiscal 2016 first quarter, primarily driven by the deleveraging of fixed occupancy expenses; and
  • Selling, general and administrative expense decreased $2.0 million to $37.6 million, or 41.5% of total revenues, compared to 41.8% of total revenues in the fiscal 2016 first quarter.

Impact of Foreign Currency:

The significant movement in the British pound sterling relative to the U.S. dollar as a result of the United Kingdom’s referendum vote in June 2016 continues to negatively affect the Company’s revenues and pre-tax income with most of the impact resulting from higher retail cost of merchandise sold as most inventory is purchased in U.S. dollars. In the 2017 fiscal first quarter, the Company estimates this impact on revenues and pre-tax income to be approximately $2.0 million and $0.3 million, respectively. This is inclusive of the transactional impact of changes in foreign exchange rates on the remeasurement of the Company’s balance sheets included in the Reconciliation of Net Income to Adjusted Net Income.

Store Activity:

During the first quarter, the Company opened 1 new store, closed 11 locations and completed 4 store remodels. As of April 1, 2017, the Company operated 336 company-owned stores, including 61 in its new Discovery format, with 275 locations in North America, 60 in Europe and 1 in China. The Company’s international franchisees ended the period with 87 stores in 11 countries.

Balance Sheet:

The Company ended the fiscal 2017 first quarter with cash and cash equivalents totaling $35.6 million and no borrowings under its revolving credit facility. Total inventory at quarter-end was $53.3 million compared to $54.0 million in the prior year, a decrease of 1.2%. In the fiscal 2017 first quarter, capital expenditures were $2.3 million, and depreciation and amortization was $3.9 million.

Review of Strategic Alternatives:

In May 2016, the Company announced that its Board of Directors had authorized an exploration of a full range of strategic alternatives. No timetable has been set for the Company’s review process. The Company does not expect to comment further or update the market with any additional information on the process unless and until the Board of Directors deems disclosure appropriate or necessary. There is no assurance that this exploration will result in any strategic alternatives being announced or executed.

2017 Key Strategic Initiatives:

CHANNEL Evolution

The Company continues to evolve its aged store fleet into new Discovery format stores, finishing the first quarter with 61 locations. Overall, these locations continue to perform ahead of heritage locations. The Company remains on track to have approximately 20 additional locations remodeled into this format in 2017 as it leverages natural lease events. Importantly, ongoing value engineering efforts have resulted in a significant reduction in capital requirements needed to open or remodel a store.

The Company continues to make progress to bring Build-A-Bear to places families go for entertainment, including tourist locations, seasonal event settings such as the successful relationship with Gaylord Hotels, pop-up shops at AMC Theatres and a rapidly expanding wholesale relationship with Carnival Cruise Line. Separately, the Company’s new retail model referred to as “concourse shops” requires less capital, has shorter-term leases and, at approximately 200 square feet, offers a solution for a wide range of settings. The Company expects to have 20 to 25 concourse shops open by the end of the fiscal year.

In addition, the Company is on track to upgrade its web platform ahead of the fourth quarter holiday season. The reinvention of the website platform and e-commerce systems is expected to enable Guests to experience Build-A-Bear online in new ways.

International franchisees ended the first quarter with 87 locations in 11 countries, including 7 Discovery stores, which delivered positive results. The Company continues to expect existing franchisees to open approximately 10 stores and to expand into additional countries in fiscal 2017.

PRODUCT Expansion

The Company is focused on meeting the needs of its core consumer base, boys and girls ages 3 to 12, while systematically building secondary consumer segments, including the teen-plus affinity and gift-giver consumers. Accordingly, the Company plans to balance its offering of core products with a comprehensive program of key licensed properties including products with tie-ins to major movie releases throughout 2017 while continuing to develop and expand offerings of its successful owned intellectual property stories, such as its Promise Pets, Honey Girls and the holiday-specific Merry Mission collections.

The Company also plans to continue to build outbound licensing programs by leveraging the power of the Build-A-Bear brand, as well as other owned intellectual properties. New license agreements have been added in categories ranging from non-plush toys to slippers and electronics, with updates and launches planned throughout 2017.

BRAND and EXPERIENCE Amplification

In addition to creating sharable, emotional content that more authentically communicates the heart of the brand, the Company is making adjustments to marketing programs that create synergy across channels. To that end, in the first quarter, the company shifted its media to better reach moms and kids while leveraging the competitive advantage of its entertainment retail experience by adding in-store events such as story readings, movie release celebrations and appearances by its iconic mascots. The Company plans to continue to develop entertainment content, including mobile apps, music videos and other opportunities that increase engagement, and are designed to improve efficiency, drive traffic and lead to profitable sales growth.

LONG-TERM PROFITABILITY Improvement

The Company is focused on improving profitability by driving revenue growth through the execution of its stated strategies, as well as disciplined expense management and ongoing efforts in process and systems upgrades. In response to business shifts that occurred at the end of 2016, adjustments have already been implemented in core operations, including marketing and media strategies, in order to regain a positive sales position.

As Build-A-Bear enters its 20th year in business and continues to evolve into a multi-generational, multi-dimensional branded company, the plans and actions that have been implemented since the start of the turnaround in 2013 are expected to provide the foundation to execute the Company’s strategies and achieve its goal of sustained profitable growth.

Today’s Conference Call Webcast:

Build-A-Bear Workshop will host a live internet webcast of its quarterly investor conference call at 9 a.m. ET today. The audio broadcast may be accessed at the Company’s investor relations website, http://IR.buildabear.com. The call is expected to conclude by 10 a.m. ET.

A replay of the conference call webcast will be available in the investor relations website for one year. A telephone replay will be available beginning at approximately noon ET today until midnight ET on April 27, 2017. The telephone replay is available by calling (844)-512-2921. The access code is 13659727.

About Build-A-Bear

Celebrating 20 years of business in 2017, Build-A-Bear is a global brand kids love and parents trust that seeks to add a little more heart to life. Build-A-Bear Workshop has approximately 400 stores worldwide where guests can create customizable furry friends, including company-owned stores in the United States, Canada, Denmark, Ireland, Puerto Rico, the United Kingdom and China, and franchise stores in Africa, Asia, Australia, Europe, Mexico and the Middle East. The company was named to the FORTUNE 100 Best Companies to Work For® list for the eighth year in a row in 2016. Build-A-Bear Workshop, Inc. (NYSE:BBW) posted a total revenue of $364.2 million in fiscal 2016. For more information, visit the Investor Relations section of buildabear.com.

Forward-Looking Statements

This press release contains certain statements that are, or may be considered to be, “forward-looking statements” for the purpose of federal securities laws, including, but not limited to, statements that reflect our current views with respect to future events and financial performance. We generally identify these statements by words or phrases such as “may,” “might,” “should,” “expect,” “plan,” “anticipate,” “believe,” “estimate,” “intend,” “predict,” “future,” “potential” or “continue,” the negative or any derivative of these terms and other comparable terminology. All of the information concerning the potential outcome of exploring strategic alternatives, our future liquidity, future revenues, margins and other future financial performance and results, achievement of operating of financial plans or forecasts for future periods, sources and availability of credit and liquidity, future cash flows and cash needs, success and results of strategic initiatives and other future financial performance or financial position, as well as our assumptions underlying such information, constitute forward-looking information.

These statements are based only on our current expectations and projections about future events. Because these forward-looking statements involve risks and uncertainties, there are important factors that could cause our actual results, level of activity, performance or achievements to differ materially from the results, level of activity, performance or achievements expressed or implied by these forward-looking statements, including those factors discussed under the caption entitled “Risks Related to Our Business” and “Forward-Looking Statements” in our Annual Report on Form 10-K filed with the Securities and Exchange Commission (“SEC”) on March 16, 2017 and other periodic reports filed with the SEC which are incorporated herein.

All of our forward-looking statements are as of the date of this Press Release only. In each case, actual results may differ materially from such forward-looking information. We can give no assurance that such expectations or forward-looking statements will prove to be correct. An occurrence of or any material adverse change in one or more of the risk factors or other risks and uncertainties referred to in this Press Release or included in our other public disclosures or our other periodic reports or other documents or filings filed with or furnished to the SECcould materially and adversely affect our continuing operations and our future financial results, cash flows, available credit, prospects and liquidity. Except as required by law, the Company does not undertake to publicly update or revise its forward-looking statements, whether as a result of new information, future events or otherwise.

All other brand names, product names, or trademarks belong to their respective holders.

Investors:
Build-A-Bear Workshop
Voin Todorovic
314-423-8000 x5221

Media:
Build-A-Bear Workshop
Beth Kerley
bethk@buildabear.com

Source: Build-A-Bear Workshop, Inc.

Build-A-Bear Workshop ranked among 2017 Best Companies to Work For list

ST. LOUIS, 2017-Mar-13 — /EPR Retail News/ — Build-A-Bear Workshop, Inc. (NYSE:BBW)—an interactive destination where Guests can make their own personalized furry friends­—was just named to the 2017 Best Companies to Work Forlist, according to global research and consulting firm Great Place to Work® and Fortune. This is the ninth consecutive year the retailer has been recognized.

Build-A-Bear Workshop ranked No. 76 out of 100 companies, based on employee ratings of workplace culture, including the level of trust employees feel towards leaders, the pride they take in their jobs and the camaraderie they experience with co-workers. This year marks the 20th year in business for Build-A-Bear Workshop, as well as the 20th anniversary of the Fortune 100 Best Companies to Work For list. Great Place to Work research shows that list winners continue to beat industry rivals when it comes to talent retention and demonstrate higher levels of productivity than peers.

“Being named to the Fortune 100 Best Companies to Work For list for nine consecutive years is an incredible honor in our 20th year in business,” said Sharon Price John, chief executive offer, Build-A-Bear Workshop. “Our associates create unforgettable experiences and help our Guests make memories every day. We are grateful for their contributions that have made Build-A-Bear Workshop an incredible place to work for nearly two decades.”

The Best Companies to Work For is one of a series of rankings by Great Place to Work® and Fortune based on employee survey feedback from Great Place to Work®-CertifiedTM organizations. Build-A-Bear Workshop also ranked as a best workplace on the following lists by Great Place to Work® and Fortune:the 2016 Best Workplaces for Women list (for the second consecutive year); the 2016 Best Workplaces in Retail list (for the second consecutive year); the 2016 Best Workplaces for Diversity (for the second consecutive year); the 2016 Best Workplaces for Millennials list (for the second consecutive year); the 2016 Best Workplaces for Flexibility list; and the 2015 Best Workplaces for Camaraderie list.

For more information about Build-A-Bear Workshop, visit buildabear.com and follow the brand on Facebook, Twitter, YouTube and Instagram.

About Build-A-Bear
Celebrating 20 years of business in 2017, Build-A-Bear is a global brand kids love and parents trust that seeks to add a little more heart to life. Build-A-Bear Workshop has approximately 400 stores worldwide where Guests can create customizable furry friends, including company-owned stores in the United States, Canada, Denmark, Ireland, Puerto Rico, the United Kingdom and China, and franchise stores in Africa, Asia, Australia, Europe, Mexico and the Middle East. The company was named to the Fortune 100 Best Companies to Work For® list for the ninth year in a row in 2017. Build-A-Bear Workshop, Inc. (NYSE:BBW) posted a total revenue of $364.2 million in fiscal 2016. For more information, visit buildabear.com.

About The Fortune 100 Best Companies To Work For®
To identify the 100 Best Companies to Work For®, each year Fortune partners with Great Place to Work to conduct the most extensive employee survey in corporate America. The ranking is based on feedback from more than 232,000 employees at Great Place to Work–Certified™ companies with more than 1,000 employees.

Winning a spot on this list indicates the company has distinguished itself from peers by creating a great place to work for employees – measured and ranked through our analysis of the results of our Trust Index© survey and Culture Audit© questionnaire.

Through the Trust Index©, employees anonymously assess their workplace, including the honesty and quality of communication by managers, degree of support for employees’ personal and professional lives and the authenticity of relationships with colleagues. Results from the survey are highly reliable, having a 95% confidence level and a margin of error of 5% or less. Companies’ results on the Trust Index© survey are compared to peer organizations of like size and complexity. The Culture Audit© includes detailed questions about benefits, programs and practices.

To be considered for our Best Workplaces lists, companies must become Great Place to Work-Certified™. Details are available at https://www.greatplacetowork.com/certification

About Great Place to Work®
Great Place to Work® is the global authority on high-trust, high-performance workplace cultures. Through proprietary assessment tools, advisory services, and certification programs, including Best Workplaces lists and workplace reviews, Great Place to Work provides the benchmarks, framework, and expertise needed to create, sustain, and recognize outstanding workplace cultures. In the United States, Great Place to Work produces the annual Fortune “100 Best Companies to Work For®” and a series of Great Place to Work Best Workplaces lists, including lists for Millennials, Women, Diversity, Small and Medium Companies and over a half dozen different industries. Great Place to Work® provides executive advisory and culture consulting services to businesses, non-profits, and government agencies in over 50 countries across six continents.
Follow Great Place to Work online at www.greatplacetowork.com and on Twitter at @GPTW_US.

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SOURCE: Build-A-Bear Workshop, Inc.

Build-A-Bear Workshop celebrates 20 years in 2017 with monthly Parties on the 20th and Make-Your-Own 20th Birthday Celebration Bear

Build-A-Bear Workshop celebrates 20 years in 2017 with monthly Parties on the 20th and Make-Your-Own 20th Birthday Celebration Bear

 

Retailer unveils commemorative bear and thanks Guests for 20 years with lots of heartfelt fun

ST. LOUIS, 2017-Jan-19 — /EPR Retail News/ —  Build-A-Bear Workshop, Inc. (NYSE:BBW), an interactive destination for creating personalized furry friends, is celebrating 20 years in 2017 and thanking fans across the globe. The company is also marking the milestone with a new, commemorative Make-Your-Own 20th Birthday Celebration Bear and hosting monthly Parties on the 20th.

The 16-inch 20th Birthday Celebration Bear was created as a tribute for this special year, features a Build-A-Bear Workshop® 20th birthday logo on its paw pad, and has posable arms and legs. Guests can make their own limited-edition bear at U.S., Canada and U.K. Build-A-Bear Workshop stores, or purchase the bear at buildabear.com for $25.50 (USD) / $27 (CAD) / £19.50 (GBP), plus applicable taxes.

In appreciation of two decades of furry-friend fun, Build-A-Bear Workshop invites fans to attend in-store Parties on the 20th leading up to the company’s official birthday on Oct. 27, 2017. The events will take place on the 20th of each month at all U.S., U.K. and Canada stores and will feature special offers and excitement for all ages! Guests can visit buildabear.com/20th-birthday for more details and to find a nearby store.

“Since 1997, more than 150 million furry friends and countless memories have been made at Build-A-Bear Workshop,” said Sharon Price John, president and chief executive officer, Build-A-Bear Workshop. “We are incredibly grateful to those who have shared cherished memories, meaningful moments and furry friend hugs with us over the last 20 years. Many of our Guests, who discovered Build-A-Bear Workshop as kids and teens, are now bringing their own children to our stores to experience the joy of making a new furry friend. Today, we invite Guests of all ages to join us in making our 20th year the best one yet and to help us continue to ‘add a little more heart to life’ for years to come.”

Build-A-Bear Workshop was founded in St. Louis on Oct. 27, 1997, as the first retail experience offering kids and kids at heart the opportunity to make and customize their own stuffed bears and animals. Today, the company operates more than 400 stores worldwide and offers a wide array of classic animals, popular characters and, of course, teddy bears. A photo gallery featuring furry friends through the years is available at buildabear.com/20th-birthday.

Guests can join in the 20th birthday fun by:

  • Attending Parties on the 20th at local Build-A-Bear Workshop stores each month;
  • Visiting buildabear.com/20th-birthday for complete details and to find a nearby location; and
  • Sharing favorite Build-A-Bear Workshop memories on Facebook, Twitter and Instagram by tagging @BuildABear.

20th birthday shopping bags, Cub Condo® carrying cases and birth certificates will begin arriving at Build-A-Bear Workshop stores across the globe in the coming months.

About Build-A-Bear
Celebrating 20 years of business in 2017, Build-A-Bear is a global brand kids love and parents trust that seeks to add a little more heart to life. Build-A-Bear Workshop has approximately 400 stores worldwide where Guests can create customizable furry friends, including company-owned stores in the United States, Canada, Denmark, Ireland, Puerto Rico, the United Kingdom and China, and franchise stores in Africa, Asia, Australia, Europe, Mexico and the Middle East. The company was named to the FORTUNE 100 Best Companies to Work For® list for the eighth year in a row in 2016. Build-A-Bear Workshop, Inc. (NYSE:BBW) posted a total revenue of $377.7 million in fiscal 2015. For more information, visit buildabear.com.

Contact:

Maria Lemakis
(314) 423-8000, ext. 5367
MariaL@buildabear.com

SOURCE: Build-A-Bear Workshop, Inc.

Celebrate Valentine’s Day with personalized gifts from Build-A-Bear Workshop

Celebrate Valentine’s Day with personalized gifts from Build-A-Bear Workshop

 

Celebrate Someone Special and Support a Heartfelt Campaign for Save the Children

ST. LOUIS, 2017-Jan-14 — /EPR Retail News/ — Love is in the air at Build-A-Bear Workshop, Inc. (NYSE: BBW), an interactive destination where Guests can create personalized furry friends. New thoughtful gift ideas—from scented furry friends and ready-to-go gift sets, to traditional teddies and treats—help Guests of all ages share their heart this Valentine’s Day.

The new Sweet Scent Collection includes three new Make-Your-Own furry friends—Sweet Scent Panda, Sweet Scent Leopard and Sweet Scent Teddy—with candy-scented fur made possible by Celessence™ Technologies microencapsulation, a license of Genius Brands International (NASDAQ: GNUS). The technology uses touch to release an irresistible fragrance; the more you hug them, the sweeter they smell!

  • With soft brown fur, light brown paw pads and love-struck blue eyes, the candy-scented Sweet Scent Teddy will steal any Valentine’s heart!
  • Sweet Scent Panda is ready to hug! Soft pink and white fur and an all-over heart pattern make this furry friend extra lovable.
  • The wildly adorable Sweet Scent Leopard turns heads with bright pink leopard-print fur and expressive blue eyes.

Each Sweet Scent furry friend is available for purchase separately or as part of a gift set that includes an outfit and accessories, such as a plush heart with a cute printed message. Several additional gift ideas—from a traditional teddy with a tuxedo tee and a rose, to items from our hottest licensed collections—are available for every kind of Valentine in select Build-A-Bear Workshop® stores and at buildabear.com/gifts.

For a truly one-of-a-kind gift to cherish, add a personalized message that your loved one can play over and over again to any Make-Your-Own furry friend. With a Build-A-Sound® recordable sound chip—available in stores and online—you can share your voice and your sentiment with a special someone.

For Guests looking for sweet treats this Valentine’s Day, Build-A-Bear Workshop has partnered with Cookies by Design to create a gourmet Valentine’s Day gift basket filled with customizable handmade and hand-decorated heart-shaped cookies, and a cuddly pre-stuffed Build-A-Bear Workshop teddy sporting an “I Love You” tee. The basket is made to order and is available in two sizes—with either six or eight cookies—at cookiesbydesign.com and in select Cookies by Design stores now. Same-day, one- and two-day delivery options are available, depending on the level of customization.

Share Your Heart: Support Save the Children with Build-A-Bear Workshop

For the second consecutive year, Build-A-Bear Workshop and the Build-A-Bear Foundation have partnered with Save the Children in the United States, Canada and the United Kingdom, helping to provide schools and communities with structured programs designed to support emotional development.

Launched in the wake of Hurricane Katrina, Save the Children’s Journey of Hope program empowers children of all ages to identify their own strengths and build coping skills, self-esteem and overall resilience. The program has since been delivered to more than 85,000 children in Canada, the United States, Australia, Italy, Spain, New Zealand and the United Kingdom.

Now through Feb. 28, 2017, Guests can make a donation in stores or online at buildabear.com to support Save the Children. All donations made in the U.S. will go to Save the Children’s Journey of Hope program in the United States. Build-A-Bear Foundation will match each Guest donation made in U.S. stores, up to $100,000.  At U.S. Build-A-Bear Workshop locations, Guests can also sign a Valentine’s Day card and place it in a special Cub Condo® carrying case to be delivered to children in the United States through Save the Children.

“As we begin our 20th birthday year, we are grateful to everyone who has helped us reach this milestone,” said Sharon Price John, president and chief executive officer, Build-A-Bear Workshop. “We invite Guests around the world to help us kick off a year-long celebration by supporting Save the Children’s Journey of Hope program and sharing a little more of their hearts to make a difference in a child’s life.”

“Every day, children in the United States and around the world struggle with poverty, community violence, stressful home lives and traumatic experiences, which threaten their chances for academic success and a bright future,” said Bill Corwin, Save the Children’s vice president of U.S. Programs. “Save the Children’s Journey of Hope program helps children of all ages to explore their emotions and develop newfound coping skills and self-esteem, and we are excited to continue our partnership with Build-A-Bear Workshop to make sure more kids feel safer and more supported.”

For more information, visit buildabear.com and follow the brand on Facebook, Twitter, YouTube and Instagram.

About Build-A-Bear

Celebrating 20 years of business in 2017, Build-A-Bear is a global brand kids love and parents trust that seeks to add a little more heart to life. Build-A-Bear Workshop has approximately 400 stores worldwide where Guests can create customizable furry friends, including company-owned stores in the United States, Canada, Denmark, Ireland, Puerto Rico, the United Kingdom and China, and franchise stores in Africa, Asia, Australia, Europe, Mexico and the Middle East. The company was named to the FORTUNE 100 Best Companies to Work For® list for the eighth year in a row in 2016. Build-A-Bear Workshop, Inc. (NYSE: BBW) posted a total revenue of $377.7 million in fiscal 2015. For more information, visit buildabear.com.

About Save the Children

Save the Children invests in childhood – every day, in times of crisis and for our future. In the United States and around the world, we are dedicated to ensuring every child has the best chance for success. Our pioneering programs give children a healthy start, the opportunity to learn and protection from harm. Our advocacy efforts provide a voice for children who cannot speak for themselves. As the leading expert on children, we inspire and achieve lasting impact for millions of the world’s most vulnerable girls and boys. By transforming children’s lives now, we change the course of their future and ours. Follow us on Twitter and Facebook.

Contact:
Maria Lemakis
(314) 423-8000, ext. 5367
MariaL@buildabear.com

SOURCE: Build-A-Bear Workshop, Inc.

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Build-A-Bear Workshop one of the 2016 Best Workplaces for Women according Great Place to Work® and Fortune

ST. LOUIS, 2016-Sep-16 — /EPR Retail News/ — For the second consecutive year, Build-A-Bear Workshop Inc. (NYSE: BBW) —an interactive destination where guests can make their own personalized furry friends­—is one of the 2016 Best Workplaces for Women, according to global research and consulting firm Great Place to Work® and Fortune.

Build-A-Bear Workshop ranked No. 3 out of 100 companies on the list, which is based on employees’ assessments of communications with management, options for development and training, and support for work/life balance, among other factors. The ranking also takes into account how well-represented women are within the workforce overall and in management and executive positions. Build-A-Bear was selected among hundreds of companies vying for a spot on the list.

Both women and men at Best Workplaces for Women feel their employers provide ample opportunities to grow and advance in their careers, and provide them with the flexibility they want to balance their work and personal lives.

“Cultivating an environment in which all employees can thrive, in both their work and personal lives, is important to us,” said Sharon Price John, chief executive officer, Build-A-Bear Workshop. “As a company founded by a woman and led by talented men and women, we are thrilled to be named a Best Workplace for Women and honored to be among so many incredible companies on the list.”

Build-A-Bear Workshop also ranked as a best workplace on the 2016 Fortune 100 Best Companies to Work For® list by Great Place to Work and Fortune for the eighth consecutive year.

The Best Workplaces for Women ranking is part of a series of rankings by Great Place to Work and Fortune based upon employee survey feedback from Great Place to Work-Certified™ organizations.

About Build-A-Bear
Founded in St. Louis in 1997, Build-A-Bear, a global brand kids love and parents trust, seeks to add a little more heart to life. Build-A-Bear Workshop has approximately 400 stores worldwide where guests can create customizable furry friends, including company-owned stores in the United States, Canada, Denmark, Ireland, Puerto Rico, the United Kingdom and China, and franchise stores in Africa, Asia, Australia, Europe, Mexico and the Middle East. The company was named to the FORTUNE 100 Best Companies to Work For® list for the eighth year in a row in 2016. Build-A-Bear Workshop, Inc. (NYSE: BBW) posted a total revenue of $377.7 million in fiscal 2015. For more information, visit buildabear.com.

About the Best Workplaces for Women
Published together with our partner Fortune, the 100 Best Workplaces for Women rankings are based entirely upon feedback from more than 137,762 women at Great Place to Work–Certified companies. Women completed our anonymous Trust Index© survey, answering questions about how frequently they experience the behaviors that create a great workplace, including, for example, their assessment of how fairly they’re treated regardless of gender, the quality and authenticity of communications with managers, and equitable pay and promotion practices. Women’s anonymous responses resulted in a total score for each company, which was compared to the benchmark for organizations of that size, and ranked accordingly.

Results from the survey are highly reliable, having a 95% confidence level and a margin of error of 6% or less. Winning a spot on this list indicates the company has distinguished itself from peers by being a great place to work for women, and has a workplace where women have high representation in the total employee population and in management positions. The 100 companies with the highest employee ratings and female representation were selected for the list.

About Great Place to Work®
Great Place to Work® is the global authority on high-trust, high-performance workplace cultures. Through proprietary assessment tools, advisory services, and certification programs, including Best Workplaces lists and workplace reviews, Great Place to Work® provides the benchmarks, framework, and expertise needed to create, sustain, and recognize outstanding workplace cultures. In the United States, Great Place to Work® produces the annual Fortune “100 Best Companies to Work For®” and a series of Great Place to Work® Best Workplaces lists, including lists for Millennials, Women, Diversity, Small and Medium Companies and over a half dozen different industries.

Follow Great Place to Work® online at www.greatplacetowork.com and on Twitter at @GPTW_US.

Source: Build-A-Bear