Build-A-Bear surges to record high after raising annual forecasts

** Shares of toy maker Build-A-Bear Workshop BBW.N rise as much as 19.6% to a record high of $70.01

** Company expects annual revenue to grow on a mid-to-high single-digit percentage basis, compared to previous forecast of mid-single-digit percentage growth

** Company also expects annual pre-tax income in the range of $62 million to $70 million, vs previous projection of $61 million to $67 million

** Q2 revenue rose 11.1% to $124.2 million and diluted earnings per share grew 46.9% to 94 cents

** The profitability forecast may prove to be conservative; the international store growth potential for the brand is beginning to show up on, both, the top and bottom lines - brokerage DA Davidson

** Up to last close, stock has risen 46.4% YTD