Tis the season to be giving, and appropriately enough, Build-A-Bear Foundation, the charitable arm of Build-A-Bear Workshop (NYSE: BBW), continues its mission to add a little more heart to life by sharing hugs, inspiring creativity, and helping children and families in need. With expanded partnerships and a promise to donate one million books and 100,000 bears through First Book by 2027, the organization has further established its focus on children's literacy as a core pillar of its charitable work.
Research has illustrated the positive influence of stuffed animals in a learning setting, while exposure to books has been shown to expand vocabulary and lay the groundwork for better reading skills in life. Build-A-Bear Foundation has embraced both of these concepts and is partnering with experts to create opportunities for kids most in need of educational support.
Build-A-Bear Foundation has impacted over half a million kids in 2022 and 2023 through its partnership with First Book and with initiatives like the "Buy A Bear, Give A Bear" promotion on National Teddy Bear Day.
Additionally, everyday purchases of Build-A-Bear's Read Teddy support the organization's core pillar of giving as a portion of these proceeds go to supporting the foundation's literacy work by helping children and families achieve their best futures.
BBW shares subsided three cents Tuesday nearing noon EST to $25.97.
