Shares of Build-A-Bear Workshop (BBW) skyrocketed 21.53% in Thursday's trading session following the release of its exceptional first-quarter fiscal 2025 results and an optimistic outlook for the year. The stuffed animal retailer's performance significantly surpassed analyst expectations, demonstrating robust growth across multiple facets of its business.

Build-A-Bear Workshop reported earnings per share (EPS) of $1.17, handily beating the estimated $0.87. Revenue for the quarter reached $128.40 million, surpassing the projected $118.90 million and marking an impressive 11.9% increase compared to the same period last year. Net income for the quarter rose to $15.319 million, up from $11.5 million in the previous year, representing a substantial 33.2% increase.

The company also provided an encouraging outlook for fiscal 2025, reiterating its expectation for mid-single-digit percentage revenue growth. Build-A-Bear Workshop updated its pre-tax income guidance to a range of $61 million to $67 million, reflecting confidence in its business model. Additionally, the retailer plans to expand its global presence with at least 50 new experience locations through various business models. The combination of strong Q1 results, positive momentum, and strategic initiatives to broaden its retail footprint has evidently boosted investor confidence, driving the significant stock price increase.