Build-A-Bear Workshop (BBW) stock is soaring 21.53% in pre-market trading on Thursday following the release of its record-breaking first-quarter fiscal 2025 results and an optimistic outlook for the year. The stuffed animal retailer reported earnings that significantly exceeded analyst expectations, demonstrating strong growth across multiple facets of its business.

The company's Q1 earnings per share (EPS) came in at $1.17, handily beating the estimated $0.87. Total revenues for the quarter reached a record $128.4 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's pre-tax income also saw a significant boost, rising 30.6% to $19.6 million.

Looking ahead, Build-A-Bear Workshop provided an encouraging outlook for fiscal 2025. The company reiterated its expectation for mid-single-digit percentage revenue growth and raised its pre-tax income guidance to a range of $61 million to $67 million. Additionally, the retailer plans to expand its global presence with at least 50 new experience locations through various business models. This positive momentum, coupled with the company's strategic initiatives to broaden its retail footprint, has evidently boosted investor confidence, driving the significant pre-market stock price increase.