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Spin Master Corp (TOY.TO)

TOY.TO on Toronto Stock Exchange

28.74CAD
30 Sep 2020
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Latest Key Developments (Source: Significant Developments)

Spin Master Reports Q2 Loss Per Share $0.15
Thursday, 6 Aug 2020 

Aug 5 (Reuters) - Spin Master Corp ::SPIN MASTER REPORTS Q2 2020 FINANCIAL RESULTS.QTRLY TOTAL REVENUE OF US$281.1 MILLION DECREASED BY 12.4%.Q2 LOSS PER SHARE $0.15.Q2 ADJUSTED LOSS PER SHARE $0.09.Q2 EARNINGS PER SHARE VIEW $-0.17, REVENUE VIEW $255.1 MILLION -- REFINITIV IBES DATA.  Full Article

Spin Master And Feld Entertainment Expand Partnership With New Five-Year Licensing Agreement For Supercross
Tuesday, 4 Aug 2020 

Aug 4 (Reuters) - Spin Master Corp ::SPIN MASTER AND FELD ENTERTAINMENT INC. EXPAND PARTNERSHIP WITH NEW FIVE-YEAR LICENSING AGREEMENT FOR SUPERCROSS.SPIN MASTER - FIVE-YEAR LICENSING AGREEMENT BEGINS IN 2021, EXPANDING ON CO'S CURRENT RELATIONSHIP WITH FELD ENTERTAINMENT'S MONSTER JAM BRAND.SPIN MASTER CORP - SPIN MASTER SUPERCROSS TOY PORTFOLIO WILL HIT STORE SHELVES IN SPRING 2021.  Full Article

Spin Master Reports Quarterly Revenue Of $227.3 Million, Down 4.9%
Thursday, 7 May 2020 

May 6 (Reuters) - Spin Master Corp ::SPIN MASTER CORP - QTRLY REVENUE OF US$227.3 MILLION DECREASED 4.9% FROM US$239.0 MILLION.  Full Article

Spin Master Reports Quarterly Loss Per Share Of $0.26
Thursday, 7 May 2020 

May 6 (Reuters) - Spin Master Corp ::SPIN MASTER REPORTS Q1 2020 FINANCIAL RESULTS.Q1 PROFITABILITY WAS SIGNIFICANTLY AFFECTED BY CARRYOVER OF OPERATIONAL CHALLENGES FROM SECOND HALF OF 2019.QTRLY REVENUE OF $227.3 MILLION DECREASED 4.9% FROM $239.0 MILLION.QTRLY LOSS PER SHARE $0.26.QTRLY ADJUSTED LOSS PER SHARE $0.45.Q1 EARNINGS PER SHARE VIEW $-0.14, REVENUE VIEW $218.0 MILLION -- REFINITIV IBES DATA.COMPANY HAD CASH ON HAND OF $424.0 MILLION AT END OF QUARTER.COMPANY HAS ELECTED TO SUSPEND PROVIDING GUIDANCE UNTIL CIRCUMSTANCES WARRANT.  Full Article

Spin Master Provides Financial Outlook Update Due To Impact Of Covid-19
Friday, 20 Mar 2020 

March 19 (Reuters) - Spin Master Corp ::SPIN MASTER PROVIDES FINANCIAL OUTLOOK UPDATE DUE TO IMPACT OF COVID-19.SPIN MASTER - WITHDRAWING 2020 OUTLOOK PREVIOUSLY GIVEN IN CONNECTION WITH 2020 GROSS PRODUCT SALES, ADJUSTED EBITDA MARGIN.SPIN MASTER CORP - WILL NOT ISSUE FURTHER GUIDANCE IN NEAR TERM DUE TO UNCERTAINTY RELATED TO RAPIDLY DEVELOPING COVID-19 SITUATION.SPIN MASTER CORP - WILL PROVIDE A FURTHER UPDATE WHEN CO REPORTS Q1 2020 RESULTS ON MAY 6, 2020.SPIN MASTER CORP - SINCE EARLY MARCH WE HAVE SEEN A SUBSTANTIAL IMPROVEMENT IN ASIAN SUPPLY CHAIN, PARTICULARLY IN CHINA, AS EXPECTED.SPIN MASTER CORP - DISRUPTION NOW SEEING IN KEY CUSTOMER MARKETS RESULTING FROM IMPACT OF COVID-19 IS SIGNIFICANT.SPIN MASTER CORP - BALANCE SHEET REMAINS STRONG, WITH CASH ON HAND AND COMMITTED CREDIT LINES AVAILABLE.  Full Article

Spin Master Corp Says Covid-19 Is Expected To Affect Q2 Shipments In Particular
Thursday, 5 Mar 2020 

March 4 (Reuters) - Spin Master Corp ::SPIN MASTER REPORTS Q4 AND FULL YEAR 2019 FINANCIAL RESULTS.QTRLY REVENUE OF US$473.5 MILLION INCREASED 14.3%.Q4 ADJUSTED LOSS PER SHARE $0.08.Q4 LOSS PER SHARE $0.17.Q4 EARNINGS PER SHARE VIEW $-0.12, REVENUE VIEW $481.6 MILLION -- REFINITIV IBES DATA.EXPECTS 2020 GROSS PRODUCT SALES TO DECLINE IN MID-SINGLE DIGIT RANGE RELATIVE TO 2019, EXCLUDING ANY DISRUPTIONS FROM COVID-19.CO WAS UNABLE TO FULLY OFFSET YEAR OVER YEAR DECLINE IN HATCHIMALS SALES.SPIN MASTER - EXPECT COVID-19 TO REDUCE 2020 GROSS PRODUCT SALES, RESULTING IN DECLINE TOWARD HIGHER END OF MID-SINGLE DIGIT RANGE.COVID-19 IS EXPECTED TO AFFECT Q2 SHIPMENTS IN PARTICULAR.SEASONALITY OF GROSS PRODUCT SALES FOR 2020 IS EXPECTED TO BE APPROXIMATELY 30-32% IN H1 AND 68-70% IN H2.ON A FULL YEAR COMPARATIVE BASIS, COMPANY EXPECTS TO DELIVER ADJUSTED EBITDA MARGIN IN LINE WITH 2019.SPIN MASTER - ANTICIPATED THAT EVOLVING CONDITIONS DUE TO COVID-19 WILL HAVE IMPACT ON GLOBAL OPERATIONS.  Full Article

Spin Master Reports Q3 2019 Financial Results
Wednesday, 6 Nov 2019 

Nov 5 (Reuters) - Spin Master Corp ::SPIN MASTER REPORTS Q3 2019 FINANCIAL RESULTS.Q3 EARNINGS PER SHARE $0.89.Q3 ADJUSTED EARNINGS PER SHARE $0.90.QTRLY REVENUE OF US$548.1 MILLION DECREASED BY 11.6% FROM US$620.0 MILLION.Q3 EARNINGS PER SHARE VIEW $1.23, REVENUE VIEW $632.2 MILLION -- REFINITIV IBES DATA.COMPANY CONTINUES TO EXPECT TO GROW 2019 ORGANIC GROSS PRODUCT SALES IN LOW SINGLE DIGIT RANGE RELATIVE TO 2018.COMPANY NOW EXPECTS TO DELIVER ADJUSTED EBITDA MARGIN FOR 2019 SLIGHTLY BELOW 2018.  Full Article

Spin Master Says Prevailed In A Lawsuit Alleging That Its Series Rusty Rivets, Infringed Copyrights Of Alleged Owner Of A 20 Year Old Comic Book
Friday, 27 Sep 2019 

Sept 26 (Reuters) - Spin Master Corp ::SPIN MASTER CORP - PREVAILED IN A LAWSUIT ALLEGING THAT ITS SERIES RUSTY RIVETS, INFRINGED COPYRIGHTS OF ALLEGED OWNER OF A 20 YEAR OLD COMIC BOOK.SPIN MASTER - DISTRICT COURT FOR CENTRAL DISTRICT OF CALIFORNIA RULED IN FAVOR OF SPIN MASTER AND VIACOM IN A SUMMARY JUDGMENT ORDER ISSUED SEPT 17.SPIN MASTER - COURT DECISION ALSO DISMISSED CLAIMS AGAINST VIACOM AND ITS UNIT NICKELODEON FOR CONTRIBUTORY AND VICARIOUS COPYRIGHT INFRINGEMENT.  Full Article

Spin Master Reports Qtrly Adjusted Earnings Per Share $0.19
Thursday, 1 Aug 2019 

July 31 (Reuters) - Spin Master Corp ::SPIN MASTER REPORTS SOLID Q2 2019 FINANCIAL RESULTS.QTRLY REVENUE OF US$321.0 MILLION INCREASED 3.0% FROM US$311.5 MILLION.QTRLY ADJUSTED EARNINGS PER SHARE $0.19.2019 OUTLOOK REMAINS UNCHANGED.Q2 EARNINGS PER SHARE VIEW $0.13, REVENUE VIEW $311.5 MILLION -- REFINITIV IBES DATA.  Full Article

Spin Master Reports Q1 Loss Per Share $0.21
Thursday, 9 May 2019 

May 8 (Reuters) - Spin Master Corp ::SPIN MASTER REPORTS Q1 2019 FINANCIAL RESULTS.Q1 ADJUSTED LOSS PER SHARE $0.12.Q1 LOSS PER SHARE $0.21.QTRLY REVENUE OF US$239.0 MILLION DECREASED 16.3% FROM US$285.7 MILLION.QTRLY GROSS PRODUCT SALES DECREASED 16.5% TO US$240.5 MILLION, COMPARED TO US$288.0 MILLION.EXPECTS TO GROW 2019 ORGANIC GROSS PRODUCT SALES IN LOW SINGLE DIGIT RANGE RELATIVE TO 2018.SEES SEASONALITY OF GROSS PRODUCT SALES FOR 2019 TO BE ABOUT 30%-33% IN H1.EXPECTS TO DELIVER 2019 ADJUSTED EBITDA MARGIN FOR 2019 IN LINE WITH 2018.  Full Article