Build-A-Bear loss widens in Q2
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Build-A-Bear Workshop said Thursday that its second quarter loss was $8.5 million, compared with a loss of $6 million a year ago. Revenues for the quarter ended July 3 dropped 10.5% to $74.1 million, from $82.8 million in the year-earlier period.Same-store sales dropped 10%.Earlier the interactive retailer announced a deal with Michael’s Stores for the distribution of Build-A-Bear Craftshop kits beginning in September.The company currently operates more than 400 Build-A-Bear Workshop stores worldwide, including company-owned stores in the United States; Puerto Rico; Canada; the United Kingdom; Ireland; and France; and franchise stores in Europe; Asia; Australia; Africa; and the
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