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, $65 price target and projections for Build-A-Bear Workshop after visiting stores in Long Island and Connecticut.</li><li>Even though we are in the dog days of Summer, Build-A-Bear has seen no slowdown in innovation, launching their first round of licensed Mini Beans (Hello Kitty and Friends), leveraging the recent Superman movie release, beginning to roll out new fixtures for Mini Beans, expanding their relationship with cheer-leading leader Varsity Sports and launching new Giant licensed characters (Bluey).</li><li>With Halloween on track for release next month, we believe there has been no slowdown in momentum for the company, and we remain confident in Build-A-Bear's potential to drive further top and bottom line upside; as such, we reiterate our Buy rating and $65 price target for BBW.</li></ul>

We are reiterating our Buy rating, $65 price target and projections for Build-A-Bear Workshop after visiting stores in Long Island and Connecticut.Even though we are in the dog days of Summer, Build-A-Bear has seen no slowdown in innovation, launching their first round of licensed Mini Beans (Hello Kitty and Friends), leveraging the recent Superman movie release, beginning to roll out new fixtures for Mini Beans, expanding their relationship with cheer-leading leader Varsity Sports and launching new Giant licensed characters (Bluey).With Halloween on track for release next month, we believe there has been no slowdown in momentum for the company, and we remain confident in Build-A-Bear's potential to drive further top and bottom line upside; as such, we reiterate our Buy rating and $65 price target for BBW.

BBW: Snapping the Store; Going to the Next Level; Reiterate Buy, $65 PT

Build A Bear Workshop

BBW: Snapping the Store; Going to the Next Level; Reiterate Buy, $65 PT