Build-a-bear Workshop vs High Tide
Build-a-bear Workshop is the larger business, with $530m of revenue in fiscal 2026 against $424m for High Tide (1.2 times as much). High Tide grew faster (10.5% against 6.7%). Build-a-bear Workshop kept more of each dollar of sales as profit: a net margin of 9.9% against -8.5%.
| Latest fiscal year | Build-a-bear WorkshopBBW, 2026 | High TideHITI, 2025 |
|---|---|---|
| Revenue | $530m | $424m |
| Revenue growth | 6.7% | 10.5% |
| Net income | $52.2m | −$36.2m |
| Operating margin | — | -2.4% |
| Net margin | 9.9% | -8.5% |
| Return on equity | 35.5% | -43.9% |
| Free cash flow | $39.5m | $9.8m |
| Cash | $26.8m | $34.2m |
| Total debt | — | $21.1m |
| Debt to equity | — | 33.8% |
| Dividend per share | — | — |
| Dividend yield | 3.1% | — |
| Share buybacks | $27.7m | — |
| Employees | — | — |
| Market value | $365m | $223m |
| Price vs our value range | Below our value range | Below our value range |
| Moat score | 61 (Moderate) | — |
| Insider trades, 12 months | 0 buys, 2 sales | 0 buys, 0 sales |