Build-a-bear workshop, inc. provides earnings guidance for the fourth quarter of fiscal year 2019

Build-a-bear workshop, inc. provided earnings guidance for the fourth quarter of 2019. for the quarter, the company expects total revenue to be in the range of slightly positive to down low single-digit due to lower than expected quarter-to-date traditional mall traffic and sales associated with a key licensed movie property as well as the loss of revenue from the developer’s delay in the opening of a planned location, resulting in total revenue for the fiscal year to be in the flat to down low single-digit range. although it does not expect its results to be impacted by the following, the company notes that the guidance does not include any potential end-of-year non-cash asset impairment charges nor a significant variance in foreign currency exchange rates. the company has also noted that it continues to assume that there will be no changes in the rate or effective date that have been announced for the potential tariffs on china goods later this year.
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