Equity Research Focusing on the Consumer Sector, Small Cap Consumer Research

Small Cap Consumer Research

Equity research on small cap consumer names.

Equity Research Focusing on the Consumer Sector

Small Cap Consumer Research, LLC is a leading company-sponsored equity research provider focusing on the consumer sector (apparel, brand licensing and specialty retailing segments).

Equity Bottom-Up

<ul><li>We are reiterating our Buy rating, $58 price target and projections for Build-A-Bear Workshop after visiting stores in Connecticut and Long Island.</li><li>We believe momentum (and full price, gift card driven selling) remained strong post Xmas and that the company has successfully pivoted to the key Valentine's Day holiday with compelling newness and product excitement, driven by new offerings and services.</li><li>As such, we view Build-A-Bear as a key Holiday winner and reiterate our Buy rating and $58 price target for BBW.</li></ul>

We are reiterating our Buy rating, $58 price target and projections for Build-A-Bear Workshop after visiting stores in Connecticut and Long Island.We believe momentum (and full price, gift card driven selling) remained strong post Xmas and that the company has successfully pivoted to the key Valentine's Day holiday with compelling newness and product excitement, driven by new offerings and services.As such, we view Build-A-Bear as a key Holiday winner and reiterate our Buy rating and $58 price target for BBW.

BBW: Snapping the Store: Continuing to Win; Reiterate Buy, $58 PT

Build A Bear Workshop

BBW: Snapping the Store: Continuing to Win; Reiterate Buy, $58 PT