News Formal

Spin Master reports higher third-quarter earnings but lowers full-year guidance

  • 📰 SooToday
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 85%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

TORONTO — Spin Master Corp. says its net income for the third quarter was US$155.4 million, up from US$141.4 million from a year earlier. The Toronto-based toy and entertainmentcompany says revenue for the quarter ended Sept. 30 was US$710.

TORONTO — Spin Master Corp. says its net income for the third quarter was US$155.4 million, up from US$141.4 million from a year earlier.

The Toronto-based toy and entertainmentcompany says revenue for the quarter ended Sept. 30 was US$710.2 million, up from US$624 million. Excluding its Paw Patrol movie, which came out at the end of September, the company says revenue was US$694.6 million.Spin Master chief executive Max Rangel says the company expects pressure on the toy industry in the fourth quarter amid macroeconomic pressure on consumer spending.

As a result, the company revised its guidance for sales and revenue lower for the full financial year.The Canadian Press

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 8. in İD
 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Toronto Stock Exchange: Active Companies and Deals with Telus Corp. and Cameco Corp.A roundup of the most active companies traded on the Toronto Stock Exchange, including First Quantum Minerals, Enbridge Inc., and Tamarack Valley Energy. Telus Corp. announces a deal with Flo to improve reliability of electric vehicle charging network, while Cameco Corp. sees an increase in shares.
Sumber: SooToday - 🏆 8. / 85 Baca lebih lajut »

Spin Master reports higher third-quarter earnings but lowers full-year guidanceSpin Master Corp. says its net income for the third quarter was US$155.4 million, up from US$141.4 million from a year earlier.
Sumber: BNNBloomberg - 🏆 83. / 50 Baca lebih lajut »