Build-A-Bear cuts 2026 revenue and pre-tax income outlook after second-quarter decline
Build-A-Bear reported second-quarter fiscal 2026 total revenues of $115.3 million, down from $124.2 million, and diluted EPS of $0.70, down from $0.94. The company lowered its fiscal 2026 revenue outlook to $500 million to $525 million and its pre-tax income outlook to $60 million to $68 million. The company also terminated Chief Growth Officer David Henderson without cause, effective August 26, 2026.
Key points
- Second-quarter total revenues were $115.3 million, down from $124.2 million, and pre-tax income was $11.6 million, down from $15.3 million.
- Second-quarter diluted EPS was $0.70, compared with $0.94 a year earlier.
- Fiscal 2026 revenue outlook was lowered to $500 million to $525 million, and pre-tax income outlook to $60 million to $68 million, including an approximately $7 million IEEPA tariff refund.
- Chief Growth Officer David Henderson was terminated without cause on August 26, 2026, with severance of $501,500 payable over 12 months.
The filing
Written by AI on Nov 9, 2026, 8:36 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 27, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.