Spin Master Q4 revenue up 7.9% but toy maker ended the year down from last year

TORONTO – Spin Master Corp. says revenue during its latest quarter, which covered the key holiday season, was up 7.9 per cent from a year earlier, but the company’s revenue for its fiscal 2023 overall were down 5.7 per cent compared with the previous year. The Toronto-based toymaker says its fourth-quarter revenue reached US$502.6 million as the holiday shopping season was underway and viewers continued to watch “Paw Patrol: The Mighty Movie.” × Already a Subscriber? Sign in You are logged in Switch accounts Its entertainment revenue for the period ended Dec. 31 saw the biggest boost with a 76.9 per cent surge from last year to US$55.2 million as it released new “Unicorn Academy,” “Rubble & Crew” and “Vida…

Source: The Star
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