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New Spin Master products in the pipeline for the balance of the year include the four-foot talking robot Meccanoid, which created quite the buzz when unveiled at New York Toy Fair in February. Spin Master is forecasting between 8% and 12% growth over Q3 and Q4, compared to the same period last year, with a total gross product sales increase of between 12% and 15% for the fiscal year. Looking at Spin Master’s 2015 year-to-date performance, compared to this time last year, revenue is up 27.1% (US$184.2 million to US$234.2 million) its preschool/girls division sales spiked by 163.8% (US$39 million to US$102.9) activities, games and puzzles, and fun furniture climbed by 23% (US$46 million to US$56.6 million) remote control and interactive characters gained 9.8% (US$41.4 to US$45.5 million) and boys action and high-tech construction sales dropped by 35.7% (US$78.9 to US$50.7 million). Turning to Spin Master’s other two main business segments, remote control and interactive characters climbed 19.7% to US$28 million from US$23.4 million, while activities, games and puzzles and fun furniture dipped by 1.4% to US$28.3 million from US$28.7 million.
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Revenue also increased across the board in international markets, with Europe seeing the biggest boost.
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Overall, sales of Spin Master’s Zoomer, PAW Patrol, Chubby Puppies, Little Charmers and Kinetic Sand products drove revenue in Q2, which was partially offset by declines in products connected to 2014 films Teenage Mutant Ninja Turtles and How to Train Your Dragon 2. On the flip side, the boys action and high-tech construction segment posted the largest decline, dropping by 43.9% to US$23.9 million from US$42.6 million. Spin Master’s girls and preschool segment accounted for nearly half of that revenue, thanks to a 144.4% increase to US$58.9 million from US$24.1 million in sales. Adopt pets from your local animal rescues/shelters, there are plenty of animals just waiting for a home.With skyrocketing sales in its girls and preschool business segment, Toronto, Canada toy and entertainment company Spin Master more than tripled its earnings to post a 19.9% increase in revenue in Q2 from 2014 numbers.įor the quarter ending July 30-its first as a publicly traded company-Spin Master’s net income climbed to US$7.6 million from US$2.1 million, and revenue increased to US$127.7 million from US$106.5 million. JOIN OUR DISCORD! Check out our related subreddits Check out the /r/Aww subreddit of the week Please spay and neuter your pets! While your newborn pets are cute, failing to do this allows your little darlings to add to the population of homeless animals. We're here to help, but please provide a link/URL when you modmail us. No social media links or personally identifiable information. Don't submit more than 4 posts in 24 hours. No asking for donations, sponsorship or adoptions (try /r/care or /r/assistance). This includes not only inappropriate images but also inappropriate text, innuendo, or inappropriate jokes in comments. Posts must link to sites on our approved list. No post titles asking for upvotes or approval. No comics, captioned pictures/videos (try r/lolcats, r/cute, or r/animaltextgifs), or photos of just text. No "sad" content, such as pics of animals that have passed away (try /r/petloss), animals that have been injured/abused, or sob stories (e.g.
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