Build-A-Bear Workshop, Inc. (NYSE:BBW)

My grandchildren still love their bears after a year...

Hasn't everyone who was going to build one done it already? How many can you need?

this stock is going to unnoticeably be crushed by outher sturred animal makers. so-many people are buying WEB-KINZ nobody cares about BUILD A BEAR any more. do the big guys see this NO! the stock my go up in the next few days but in a month it will be down big time.

I agree with cascadehigh. How much repeat business can you expect for this retailer?

My guess is that nearly everyone who was ever going to make/purchase a bear at build a bear has already done so and will probably not go back. For that reason BBW was a pick for Chuck Jaffe’s “stupid investment of the week” show.

The kids of today want video game, which is why GameStop have been doing fantastic. I was in a GameStop and I see these 4 to 5 year olds running around telling their parents to buy them Wii and other game systems. They get tired of stuffed animals, it no longer have an appeal. Another reason why Toys R Us is practically gone, KB Toys, FAO Schwarz is in trouble, because kids do not want teddy bears.

They want to get a rocket and shoot someone, or play with interactive Barbie, or Dance Dance revolution or whatever little kids play. It is only going to happen sooner or later, it is a reality, and we need to face it. Kids are more technologically advanced then we were kids, they would not want to play with the same thing we have grown up with. I grew up with thunder cats, who still plays with those or GI Joes? Not any boys I know. They all want Grand Theft Auto.

Yes, they are going international. Fantastic! As long as those countries have electricity, TVs, computers and video games, they will not succeed. Come June, their shares will drop below $20. They will pop back up and in the long run, they will close shop.

Build-A-Bear Workshop offers a selection of merchandise, including approximately 30 styles of stuffed animals, as well as various clothing, shoes, and accessories for the stuffed animals. Company operates 226 stores across 44 U.S. states and Canada, 38 stores in the United Kingdom and Ireland, and 27 franchised stores operating internationally under the Build-A-Bear Workshop brand.

The company’s concept of plush toys and dolls appeals primarily to children and teens. However, as per NPD Group, plush sales have seen the most significant decrease in sales in the toy category. Also dolls, one of the companies’ offerings are experiencing negative trends in the industry. Toy market in US is undergoing a declining phase and as per the latest trends, kids are shunning traditional toys for interactive videogames.

Company’s revenue growth has also declined significantly in the past year and with similar industry trends in U.K, it would be tougher for the company to ignite its revenues in future. Moreover, same-store sales, one of the key performance indicators has been negative in the past several quarters and management expects the trend to continue in 2007 fiscal. Profitability margins of the company have been under scanner due to the acquisition of U.K stores in this fiscal. Margin pressure is likely to continue as management plans to open some more stores in UK in 2007. Also, management expects the acquisition to deliver value only in the long-term.

The company has achieved some success in non-traditional store locations and has been taking some initiatives to increase their licensing reveues, which are relatively very small. However in the near future, with negative industry outlook coupled with deteriorating financials, the scrip is expected to enter a bearish phase.

Same store sales are falling across the board - what does that tell you? People get tired of this concept - one or two visits and they don't come back. Not a model for long-term growth.

X-mas is over

My kids are all ADDICTED to this store. I've been in several, as well as shopped online. It's always been a great experience. They're doing something right. The share price is a little beat up recently, so I think there's room on the upside for this stock.

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I'm hoping the international expansion will increase their sales and give them worldwide recognition.

Expansion will aid in increase in performance

Big Beautiful women want a bear instead of a buea (sp)

Christmas shopping should increase sales up until right after Valentine's day.

They are heading into the christmas season and will see increased sales. Even though their revenues are slowing down they have still saw growth in net income for 2003-2004-2005 and should do well in 2006 heading into xmas.

Profile: Build-A-Bear Workshop, Inc. operates as a specialty retailer of plush animals and related products. It offers a selection of merchandise, including approximately 30 styles of animals to be stuffed, as well as various clothing, shoes, and accessories for the stuffed animals. As of July 12, 2006, the company operated 240 stores in 43 states, Canada, and the United Kingdom, as well as an Internet store. Build-A-Bear Workshop also franchises its stores in Europe, Asia and Australia. The company was founded by Maxine Clark in 1997 and is headquartered in St. Louis, Missouri.

Homepage: http://www.buildabear.com/

Undervalued by 20%.