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Article: Build-A-Bear Workshop, Inc. Reports Fiscal 2009 Third Quarter Results.(Financial report)
- Article from:
- Entertainment Newsweekly
- Article date:
- November 13, 2009
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Build-A-Bear Workshop, Inc. (NYSE: BBW), an interactive entertainment retailer of customized stuffed animals, reported results for the 2009 third quarter and first nine months. The company also announced the renewal of its bank line of credit with US Bank National Association. The two-year extension expires in December 2011 and provides the company with $40 million in available credit for the first half of each calendar year and a seasonal overline to $50 million from July to December each year.
In addition, the company reported that cost reduction plans are progressing ahead of schedule. The company now expects to generate approximately $20 million in annualized ...