BUILD-A-BEAR WORKSHOP INC
BBW · Retail-Hobby, Toy & Game Shops · 12.5M shares · -3%/yr ↓ buyback · EDGAR filings ↗
Net buyback after stock comp: $18M (gross $20M, SBC $2M)
Reference price $34.52 · est. market cap ~$433M — last insider sale, 2026-06-05 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
B80Profitable, cash-generative experiential toy retailer with top-decile returns and a differentiated, well-known brand.
Strengths
- ROE 33.7% (84.7th pct) and ROA 15.1% (94th pct) — top-tier returns; net margin 9.8% (72.5th pct) and gross margin 56% (65.6th pct)
- Healthy FCF ($39.5M), no debt, growing partner/franchise footprint, and shareholder returns via dividends and buybacks
Risks
- Discretionary-spend sensitivity; heavy China/Vietnam sourcing exposes margins to tariff swings
- Quick ratio 0.64 (21st pct) and modest ~7% revenue/earnings growth — not a scaled wide-moat franchise
Notable findings
- Exec changeRecent 8-K item 5.02 8-K ↗
- Buying back stockNet buyback — share count -3%/yr over 4y
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
55.8%
Net margin
9.9%
Return on equity
33.7%
Return on assets
15.1%
Revenue growth (QoQ)
2.1%
Net-income growth
0.8%
Current ratio
1.5×
Free cash flow
$40M
Tangible book value
$155M
Cash & investments
$27M
Stock comp / revenue
0.6%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-12 | John Sharon Price | Disposition | 23K | — |
| 2026-06-11 | Rotenberg Lesli | Grant | 2.7K | — |
| 2026-06-11 | Iyengar Narayan Raghu | Grant | 2.7K | — |
| 2026-06-11 | John Sharon Price | Grant | 2.7K | — |
| 2026-06-11 | Johnson Richard A | Grant | 2.7K | — |
| 2026-06-11 | Carrara George | Grant | 2.7K | — |
| 2026-06-11 | Leavitt Craig | Grant | 3.7K | — |
| 2026-06-11 | GOLDMAN JAMES A | Grant | 2.7K | — |
| 2026-06-05 | Carrara George | Sell | 3.0K | $34.52 |
| 2026-06-03 | Henderson David D. | Tax withheld | 464 | $35.27 |
| 2026-06-03 | Todorovic Vojin | Tax withheld | 466 | $35.27 |
| 2026-06-03 | Hurt J. Christopher | Tax withheld | 466 | $35.27 |
| 2026-06-03 | John Sharon Price | Tax withheld | 982 | $35.27 |
| 2026-04-30 | Henderson David D. | Tax withheld | 245 | $36.94 |
| 2026-04-30 | Hurt J. Christopher | Tax withheld | 1.6K | $36.94 |
| 2026-04-30 | Todorovic Vojin | Tax withheld | 1.6K | $36.94 |
| 2026-04-30 | John Sharon Price | Tax withheld | 5.3K | $36.94 |
| 2026-04-14 | John Sharon Price | Grant | 12K | — |
| 2026-04-14 | Henderson David D. | Grant | 5.9K | — |
| 2026-04-14 | Henderson David D. | Grant | 8.9K | — |
| 2026-04-14 | Fundler Yevgeny | Grant | 5.9K | — |
| 2026-04-14 | Hurt J. Christopher | Grant | 1.2K | — |
| 2026-04-14 | Hurt J. Christopher | Grant | 9.5K | — |
| 2026-04-14 | Todorovic Vojin | Grant | 1.2K | — |
| 2026-04-14 | Todorovic Vojin | Grant | 5.9K | — |
| 2026-04-14 | Todorovic Vojin | Grant | 8.9K | — |
| 2026-04-14 | John Sharon Price | Grant | 7.4K | — |
| 2026-04-10 | John Sharon Price | Gift | 43K | — |
| 2026-02-10 | GOLDMAN JAMES A | Grant | 556 | — |
| 2025-10-13 | Rotenberg Lesli | Sell | 650 | $60.99 |
| 2025-10-13 | Rotenberg Lesli | Sell | 350 | $61.99 |
| 2025-10-06 | Leavitt Craig | Sell | 2.9K | $60.45 |
| 2025-10-06 | Leavitt Craig | Sell | 1.1K | $61.03 |
| 2025-10-06 | Rotenberg Lesli | Sell | 941 | $59.91 |
| 2025-10-06 | Rotenberg Lesli | Sell | 59 | $61.04 |
| 2025-10-01 | Leavitt Craig | Sell | 2.6K | $63.08 |
| 2025-10-01 | Leavitt Craig | Sell | 1.5K | $63.52 |
| 2025-10-01 | Leavitt Craig | Sell | 138 | $64.92 |
| 2025-09-22 | Todorovic Vojin | Sell | 929 | $72.55 |
| 2025-09-22 | Todorovic Vojin | Sell | 1.8K | $73.06 |
| 2025-09-22 | John Sharon Price | Sell | 2.7K | $72.55 |
| 2025-09-22 | John Sharon Price | Sell | 9.9K | $73.22 |
| 2025-09-16 | Todorovic Vojin | Sell | 2.3K | $72.64 |
| 2025-09-16 | Todorovic Vojin | Sell | 258 | $71.51 |
| 2025-09-16 | Todorovic Vojin | Sell | 5.1K | $73.21 |
| 2025-09-16 | Todorovic Vojin | Sell | 2.3K | $74.17 |
| 2025-09-16 | John Sharon Price | Sell | 772 | $71.51 |
| 2025-09-16 | John Sharon Price | Sell | 7.0K | $72.64 |
| 2025-09-16 | John Sharon Price | Sell | 15K | $73.21 |
| 2025-09-16 | John Sharon Price | Sell | 6.9K | $74.17 |
| 2025-08-04 | Fundler Yevgeny | Grant | 1.7K | — |
| 2025-06-24 | Rotenberg Lesli | Sell | 1.8K | $53.52 |
| 2025-06-12 | Johnson Richard A | Grant | 1.9K | — |
| 2025-06-12 | Leavitt Craig | Grant | 2.5K | — |
| 2025-06-12 | Leavitt Craig | Sell | 8.2K | $50.21 |
| 2025-06-12 | Carrara George | Grant | 1.9K | — |
| 2025-06-12 | Iyengar Narayan Raghu | Grant | 1.9K | — |
| 2025-06-12 | Rotenberg Lesli | Grant | 1.9K | — |
| 2025-06-09 | FENCL ERIC R | Sell | 16K | $48.41 |
| 2025-06-05 | John Sharon Price | Sell | 12K | $46.44 |
| 2025-06-05 | John Sharon Price | Sell | 20K | $45.30 |
| 2025-06-03 | Henderson David D. | Grant | 4.7K | — |
| 2025-06-03 | FENCL ERIC R | Sell | 7.0K | $48.50 |
| 2025-06-03 | FENCL ERIC R | Grant | 4.7K | — |
| 2025-06-03 | Hurt J. Christopher | Grant | 4.7K | — |
| 2025-06-03 | Todorovic Vojin | Grant | 4.7K | — |
| 2025-06-03 | John Sharon Price | Grant | 9.9K | — |
| 2025-06-02 | Carrara George | Sell | 6.0K | $47.85 |
| 2025-04-30 | Henderson David D. | Tax withheld | 253 | $35.28 |
| 2025-04-30 | FENCL ERIC R | Tax withheld | 4.1K | $35.28 |
| 2025-04-30 | Hurt J. Christopher | Tax withheld | 4.4K | $35.28 |
| 2025-04-30 | Todorovic Vojin | Tax withheld | 4.4K | $35.28 |
| 2025-04-30 | John Sharon Price | Tax withheld | 22K | $35.28 |
| 2025-04-15 | FENCL ERIC R | Grant | 6.4K | — |
| 2025-04-15 | Hurt J. Christopher | Grant | 7.0K | — |
| 2025-04-15 | Todorovic Vojin | Grant | 7.0K | — |
| 2025-04-15 | John Sharon Price | Grant | 41K | — |
| 2025-03-05 | Johnson Richard A | Grant | 605 | — |
| 2025-01-21 | Hurt J. Christopher | Sell | 6.2K | $39.91 |
| 2025-01-21 | Todorovic Vojin | Sell | 5.0K | $40.08 |
| 2025-01-15 | Hurt J. Christopher | Sell | 13K | $39.53 |
| 2025-01-13 | Todorovic Vojin | Sell | 12K | $41.46 |
| 2025-01-13 | Todorovic Vojin | Sell | 2.7K | $42.00 |
| 2025-01-10 | John Sharon Price | Sell | 53K | $42.02 |
| 2025-01-10 | John Sharon Price | Sell | 500 | $42.55 |
| 2025-01-07 | John Sharon Price | Sell | 68K | $46.05 |
| 2025-01-07 | John Sharon Price | Sell | 1.1K | $46.56 |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-06-12 | Exec/director changeExhibits | filing ↗ |
| 2026-06-12 | Shareholder voteExhibits | filing ↗ |
| 2026-06-11 | OtherExhibits | filing ↗ |
| 2026-05-28 | ResultsExhibits | filing ↗ |
| 2026-03-12 | ResultsExhibits | filing ↗ |
| 2026-03-12 | Exec/director changeExhibits | filing ↗ |
| 2026-03-11 | OtherExhibits | filing ↗ |
| 2026-02-10 | Exec/director changeOtherExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-12 | 2026-06-11 | 0001437749-26-020370 ↗ |
| 8-K | 2026-06-12 | 2026-06-11 | 0001437749-26-020380 ↗ |
| 10-Q | 2026-06-11 | 2026-05-02 | 0001437749-26-020239 ↗ |
| 8-K | 2026-06-11 | 2026-06-11 | 0001437749-26-020299 ↗ |
| 8-K | 2026-05-28 | 2026-05-28 | 0001437749-26-018669 ↗ |
| 10-K/A | 2026-04-17 | 2026-01-31 | 0001437749-26-012597 ↗ |
| 10-K | 2026-04-16 | 2026-01-31 | 0001437749-26-012501 ↗ |
| 8-K | 2026-03-12 | 2026-03-10 | 0001437749-26-007825 ↗ |
| 8-K | 2026-03-12 | 2026-03-12 | 0001437749-26-007824 ↗ |
| 8-K | 2026-03-11 | 2026-03-11 | 0001437749-26-007762 ↗ |
| 8-K | 2026-02-10 | 2026-02-10 | 0001437749-26-003641 ↗ |
| 8-K | 2026-01-05 | 2025-12-31 | 0001437749-26-000324 ↗ |