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Posted by
Two Blokes May 17 -
Filed in
Stock
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2 views
Build-A-Bear has differentiated itself by selling an experience instead of just a product, resulting in high profitability and return on capital. The company's conservative capital structure is necessary due to its lack of track record demonstrating consistent and predictable revenue and profitability. Additionally, a conservative capital structure provides a cushion against uncertainties due to geopolitics.