Build-A-Bear (BBW) Q1 FY27 earnings call

A CEO-transition quarter that missed its own flat-revenue bar as domestic traffic and e-commerce softened on macro caution and tough post-record comparisons, prompting a full-year revenue-guide cut even as engaged guests spent more per visit. Management frames 2026 as a tale of two halves and leans on wholesale, asset-light international expansion and a back-half product pipeline to re-accelerate, insisting the strategy and long-term opportunity are unchanged.