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Build-A-Bear Workshop (BBW): To Report Fourth Quarter & Fiscal 2012 Financials

Build-A-Bear Workshop, Inc. (BBW) is the only global company that offers an interactive make-your-own stuffed animal retail-entertainment experience. There are more than 400 Build-A-Bear Workshop stores worldwide, including company-owned stores in the U.S., Puerto Rico, Canada, the United Kingdom and Ireland, and franchise stores in Europe, Asia, Australia, Africa, the Middle East, Mexico and South America.

BBW will report results for its fiscal 2012 fourth quarter and fiscal year ended December 29, 2012, on February 14, 2013, prior to the opening of trading on the New York Stock Exchange. Thereafter, the Company will host its quarterly investor conference call to discuss the results at 9 a.m. ET.

Yesterday, BBW announced that its Founder, Maxine Clark, has announced her plan to retire as Chief Executive Bear (CEB).

Ms. Clark, 63, will continue in her current position until a successor has been named and a successful transition has occurred and will remain as a member of the Build-A-Bear Workshop Board of Directors.

Maxine Clark, Chief Executive Bear, stated:

Creating Build-A-Bear Workshop and nurturing the Company from a fledgling start-up to a global retail brand has been one of the greatest experiences of my professional life. I have met so many wonderful people – associates and Guests – which made my decision to retire as CEB a difficult one.
Although our business has experienced challenges over the past few years as consumers have reduced discretionary purchases, our strategic plan and key initiatives are beginning to work. I believe now is an opportune time to attract a new chief executive to take this incredible brand forward and for me to take my entrepreneurial experience and combine it with my passion to improve public education in our region in a more significant way. We have made great progress in education reform in the St. Louis area, but more is needed so that all children have the chance to achieve their dreams just as I have.