Spin Master reports fourth-quarter loss, revenue down from year earlier
5 Articles
5 Articles
Spin Master reports fourth-quarter loss, revenue down from year earlier
TORONTO — Spin Master Corp. reported a loss in its latest quarter compared with a profit a year earlier as its revenue fell nearly five per cent. The toy company, which keeps its books in U.S. dollars, says it lost US$184.3 million or US$1.
Spin Master Navigates a Challenging 2025 with Wheels & Action Driving Toy Momentum
Spin Master closed 2025 with mixed results as tariffs, retail challenges, and other factors pushed the company into the red. Still, new innovations and a strong lineup bode well for a return to growth in 2026 and beyond, with POS up and the company’s Wheels & Action portfolio revving up a notable bright spot. The Toronto-based toy and entertainment company reported full-year 2025 revenue of $2.11 billion, down 6.6% from $2.26 billion in 2024. I…
Spin Master Corp. Sees Loss, Lower Revenue From Holiday Quarter
Spin Master Corp.’s busiest time of year left the business with some holiday blues — a US$184.3 million loss. The Toronto-based toy maker behind the Paw Patrol, Hatchimals and Melissa & Doug brands announced the fourth-quarter result on Mar. 5, saying it compared with a profit of US$21.1 million or 20 cents US per diluted share a year earlier. The company, which keeps its books in U.S. dollars, blamed the loss on a US$229.1-million non-cash impa…
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