On Tuesday, Feb. 20, plush animal retailer Build-A-Bear Workshop (NYSE:BBW) released fourth-quarter and year-end results for the period ended Dec. 30. Here are the quick and dirty details for the quarter.

  • Total sales grew 21.4%, primarily because of the purchase of U.K.-based Bear Factory, but same-store sales fell 10.4% at North American stores.
  • Diluted earnings grew 44.2% and included a $0.15 benefit from a reduction in estimated loyalty program redemption rates.
  • Management is projecting fiscal 2007 diluted earnings of $1.65 to $1.75 per share on around 19% sales growth.
  • Build-A-Bear is a two-star stock in Motley Fool CAPS, our interactive stock database.

(Figures in thousands, except per-share data)

Income Statement Highlights

Q4 2006

Q4 2005

Change

Sales

$143,265

$118,034

21.4%

Net Profit

$15,432

$10,596

45.6%

EPS

$0.75

$0.52

44.2%

Diluted Shares

20,587

20,319

1.3%



Get back to basics with a look at the income statement.

Margin Checkup

Q4 2006

Q4 2005

Change*

Gross Margin

53.00%

52.63%

0.37

Operating Margin

17.62%

15.05%

2.57

Net Margin

10.77%

8.98%

1.79

*Expressed in percentage points

Margins are the earnings engine. See how they work.

Balance Sheet Highlights

Assets

Q4 2006

Q4 2005

Change

Cash + ST Invest.

$53,109

$90,950

(41.6%)

Accounts Rec.

$7,389

$6,629

11.5%

Inventory

$50,905

$40,157

26.8%



Liabilities

Q4 2006

Q4 2005

Change

Accounts Payable

$46,762

$34,996

33.6%



Learn the ways of the balance sheet.

Cash Flow Highlights

Q4 2006

Q4 2005

Change

Capital Expenditures

$6,019

$8,484

(29.1%)



Build-A-Bear must be busy doing what it does best -- building bears -- because it forgot to include a cash flow statement. Fools will have to wait until the company files its 10-K with the SEC for juicy operating cash flow details.

Find out why Fools always follow the money.

Comparable companies:

  • Hasbro (NYSE:HAS)
  • Mattel (NYSE:MAT)
  • Russ Berrie (NYSE:RUS)

Related Foolishness:

The Fool has a newsletter for almost every type of investor. Mattel is an Inside Value pick, while Hasbro is a Stock Advisor recommendation.

Fool by Numbers is designed to give you the raw earnings information in a timely fashion, putting all the numbers you need in one easy-to-read place. But at The Motley Fool, we believe numbers tell only part of the story, so check Fool.com for more of our in-depth discussion of what the numbers mean.

Fool contributor Ryan Fuhrmann has no financial interest in any company mentioned. Feel free to email him with feedback or to discuss any companies mentioned further. The Fool has an ironclad disclosure policy.