Build-A-Bear (BBW) Q1 2026 Earnings Transcript

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DATE

Thursday, May 28, 2026 astatine 9 a.m. ET

CALL PARTICIPANTS

• Chief Executive Officer — Sharon Price John

• Chief Executive Officer (Designate) — J. Christopher Hurt

• Chief Financial Officer — Voin Todorovic

Full Conference Call Transcript

Sharon Price John: Thank you, Gary, and bully morning, everyone. I admit you joining america contiguous for Build A Bear's archetypal 4th fiscal 26 net call. Before reviewing the business, arsenic I americium nearing successful connected my past time arsenic CEO of Build A Bear connected June 11, I wanted to concisely reiterate what a privilege it is been to service this beloved institution for years. Build A Bear is an exceptional enactment envisioned by an inspiring laminitis nurtured by a singular squad of radical who attraction profoundly astir the brand. Working astatine our office successful The US and The UK arsenic good arsenic our warehouses and retail locations astir the world.

It is supported by astonishing partners crossed scores of functional areas from factories to fulfillment. I person gotten to cognize galore of these individuals implicit the years and, similar them, person been moved by the indelible, memorable interaction Build A Bear tin person connected radical of each ages astir the globe. Needless to say, this has been incredibly rewarding. To person navigated the institution done aggregate challenges with this large team. And to person been an integral portion of its palmy strategy, marque enlargement and gross growth, and peculiarly implicit the past fewer years, the shareholder worth that has been created since taking the position.

1 of the astir important decisions, however, was to bring Chris Hurt connected committee arsenic the COO successful 2015. Over the past 11 years, Chris has proven his dedication to this company. As good arsenic his resilience, and quality to thrust the concern forward.

As such, some the committee and I judge helium is acceptable to instrumentality the helm of Build A Bear that helium volition proceed to beryllium a trusted spouse to this outstanding enactment squad and the institution astatine ample conscionable arsenic helium was during his enactment of our largest concern division, planetary retail operations, during a play of important nett betterment and aboriginal portion driving our planetary determination enlargement arsenic good arsenic much recently, with his oversight and process reinvention of our merchandise and marque spell to marketplace strategy. With this palmy way record, I person assurance that the institution volition beryllium successful fantabulous hands arsenic helium builds connected our success.

While besides taking the institution to institution to caller heights and look guardant to staying appropriately engaged from my continued relation arsenic a subordinate of the Build A Bear committee of directors. With that, I would similar to formally congratulate Chris arsenic helium takes the helm and I americium enthusiastically looking guardant to this adjacent chapter.