1、Build-A-BearWorkshop,Inc.1954 Innerbelt Business Center Drive St.Louis,MO 63114 A world of hugs2007 AnnuAL RepORtbuildabear workshop,Inc.2007 annual ReportDollars in thousands,except per share and per gross square foot dataFiscalyear(1)2007 2006 2005Revenues:net retail sales.$468,168$432,572$358,901
2、 Franchise fees.$3,577$3,521$1,976 Licensing revenue.$2,616$979$932 total revenues.$474,361$437,072$361,809Netincome.$22,509$29,490$27,314Earningspercommonshare:Basic.$1.11$1.46$1.38 Diluted.$1.10$1.44$1.35Otherfinancialandstoredata:(2)Gross margin(dollars)(3).$209,090$205,063$178,528 Gross margin(p
3、ercent)(3).44.7%47.4%49.7%number of company-owned stores at end of period.321271 200 Average net retail sales per store.$1,576$1,761$1,864 net retail sales per gross square foot.$516$573$615(1)Our fiscal year consists of 52 or 53 weeks;it ends on the Saturday nearest Dec.31 in each year.Fiscal years
4、 2007,2006 and 2005 were 52 weeks each.(2)For descriptions of this financial and store data,please see the fiscal 2007 annual report on Form 10-K.(3)Gross margin represents net retail sales less cost of merchandise sold.Gross margin percentage represents gross margin divided by net retail sales.Fina
5、ncial Highlightscompany profileFounded in 1997 in St.Louis,Build-A-Bear Workshop,Inc.,is the leading and only global company that offers an interactive make-your-own stuffed animal retail-entertainment experience.the company or its franchisees currently operate more than 370 Build-A-Bear Workshop st
6、ores worldwide,including company-owned stores in the united States,puerto Rico,Canada,the united Kingdom,Ireland,and France,and franchise stores in europe,Asia,Australia and Africa.In December 2007,Build-A-Bear Workshop extended its in-store interactive experience online with the launch of its virtu