Build-A-Bear FY26 Q2 net income drops 24% to $7.6 million; revenue falls 7.2% to $115.3 million

• Build-A-Bear Workshop posted Q2 net income of $9.2 million, down 24.25% from a year earlier as revenue fell 7.2% to $115.3 million.
• Retail gross margin narrowed 3.6 percentage points to 54% on occupancy cost deleverage and higher promotional activity.
• SG&A expenses declined 8.87% to $51.4 million, driven mainly by lower incentive compensation.
• Adjusted EBITDA fell 19.1% to $15.2 million; the company cited weaker gross profit, partly offset by lower SG&A.
• Global location count reached 674, including 379 corporately managed, 177 partner-operated, and 118 international franchise sites.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Build-A-Bear Workshop Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-26-030081), on September 10, 2026, and is solely responsible for the information contained therein.