News Formal

Spin Master loses US$54.8M in first quarter, Melissa & Doug acquisition boosts sales

  • 📰 SooToday
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 85%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

TORONTO — Spin Master Corp. says it lost US$54.8 million in the first quarter, compared with a loss of US$1.9 million a year earlier. The toy and entertainment company says revenues totalled US$316.2 million, up from US$271.

TORONTO — Spin Master Corp. says it lost US$54.8 million in the first quarter, compared with a loss of US$1.9 million a year earlier.

The toy and entertainment company says revenues totalled US$316.2 million, up from US$271.4 million during the same quarter last year. The acquisition of toy company Melissa & Doug added US$40.4 million to Spin Master's revenue during the quarter. Chief financial officer Mark Segal says toy gross product sales excluding the acquisition's impact were in line with a year earlier, during what's normally the lowest quarter for the toy industry.

Segal says the company is already starting to capitalize on cost synergies and identify revenue growth opportunities from the acquisition.This report by The Canadian Press was first published May 7, 2024.Note to readers: This is a corrected story. A previous version misstated Spin Master's Q1 2023 loss.

 

コメントありがとうございます。コメントは審査後に公開されます。
このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 8. in JP

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Spin Master loses US$54.8M in first quarter, Melissa & Doug acquisition boosts salesSpin Master Corp. says it lost US$54.8 million in the first quarter, compared with a loss of US$1.9 billion a year earlier.
ソース: BNNBloomberg - 🏆 83. / 50 続きを読む »

Spin Master loses US$54.8M in first quarter, Melissa & Doug acquisition boosts salesTORONTO — Spin Master Corp. says it lost US$54.8 million in the first quarter, compared with a loss of US$1.9 billion a year earlier. The toy and...
ソース: YahooFinanceCA - 🏆 47. / 63 続きを読む »