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Spin Master Corp (TOY.TO)

TOY.TO on Toronto Stock Exchange

50.90CAD
18 May 2018
Change (% chg)

$0.71 (+1.41%)
Prev Close
$50.19
Open
$50.31
Day's High
$51.22
Day's Low
$50.15
Volume
87,543
Avg. Vol
86,714
52-wk High
$61.76
52-wk Low
$34.52

Latest Key Developments (Source: Significant Developments)

Spin Master Corp Reports Qtrly Revenue Of $285.7 Mln
Tuesday, 8 May 2018 

May 8 (Reuters) - Spin Master Corp ::SPIN MASTER CORP QTRLY REVENUE OF US$285.7 MILLION INCREASED 25.5% FROM US$227.7 MILLION.SPIN MASTER CORP QTRLY NET INCOME WAS US$8.7 MILLION, OR US$0.09 PER SHARE.SPIN MASTER CORP QTRLY ADJUSTED NET INCOME WAS US$22.0 MILLION, OR US$0.22 PER SHARE.SPIN MASTER CORP - FOR FULL YEAR 2018, ORGANIC GROSS PRODUCT SALES ARE NOW EXPECTED TO GROW IN MID-SINGLE DIGIT RANGE RELATIVE TO 2017.SPIN MASTER CORP - FOR FY 2018 INCLUDING GUND, SPIN MASTER EXPECTS GROSS PRODUCT SALES GROWTH IN MID TO HIGH SINGLE DIGIT RANGE COMPARED TO 2017.SPIN MASTER CORP - ADJUSTED EBITDA MARGINS IN 2018, BOTH INCLUDING AND EXCLUDING GUND, ARE EXPECTED TO BE IN LINE WITH PRIOR GUIDANCE.  Full Article

Spin Master Corp Q4 Earnings Per Share $0.21
Wednesday, 7 Mar 2018 

March 7 (Reuters) - Spin Master Corp ::SPIN MASTER REPORTS STRONG Q4 AND FULL YEAR 2017 FINANCIAL RESULTS.QTRLY ‍REVENUE OF US$440.9 MILLION INCREASED 30.3% FROM US$338.4 MILLION​.Q4 EARNINGS PER SHARE $0.21.Q4 ADJUSTED EARNINGS PER SHARE $0.25.‍FOR 2018, SPIN MASTER EXPECTS ITS ORGANIC GROSS PRODUCT SALES GROWTH RATE TO BE IN MID TO HIGH SINGLE DIGITS RANGE​.‍ ADJUSTED EBITDA MARGIN FOR 2018 IS EXPECTED TO BE CONSISTENT WITH 2017​.Q4 EARNINGS PER SHARE VIEW $0.21, REVENUE VIEW $420.4 MILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Spin Master Announces Acquisition Of GUND From Enesco
Monday, 5 Mar 2018 

March 5 (Reuters) - Spin Master Corp ::SPIN MASTER ANNOUNCES ACQUISITION OF GUND FROM ENESCO.SPIN MASTER CORP - DEAL FOR $79.1 MILLION​.SPIN MASTER CORP - ‍PURCHASE CONSIDERATION WILL BE SETTLED UTILIZING CO'S INTERNALLY GENERATED CASH RESOURCES AND CREDIT FACILITY​.  Full Article

Spin Master Announces Acquisition Of Perplexus
Friday, 1 Dec 2017 

Dec 1 (Reuters) - Spin Master Corp ::SPIN MASTER ANNOUNCES ACQUISITION OF INNOVATIVE BRAND PERPLEXUS.SPIN MASTER -CLOSED DEAL AT PURCHASE PRICE OF JUST OVER US$9 MILLION PLUS ANNUAL PERFORMANCE-BASED PAYOUTS OVER NEXT 5 YEARS.  Full Article

Spin master reports Q3 EPS of $1.07
Tuesday, 7 Nov 2017 

Nov 7 (Reuters) - Spin Master Corp :Spin master reports strong q3 2017 financial results.Q3 adjusted earnings per share $1.10.Q3 earnings per share $1.07.Spin master corp qtrly ‍revenue of $606.1 million increased 27.6% from $475.0 million​.Spin master - ‍confirmed outlook for fy 2017 for organic gross product sales growth, excluding swimways, to be in mid 20% range​.Spin master - ‍including swimways, co continues to expect gross product sales growth in low 30% range for fy​.  Full Article

Spin Master secures injunction in patent litigation relating to its popular Hatchimals® products
Friday, 29 Sep 2017 

Sept 29 (Reuters) - Spin Master Corp :Spin Master secures injunction in patent litigation relating to its popular Hatchimals® products.Spin Master -entered into final judgment upon consent & confidential settlement agreement & release, with Maxima Wearable Tech & Michael Sultan.Spin master corp - Maxima Wearable Tech and Michael Sultan have also recognized validity and enforceability of Spin Master's aforementioned patents.Spin Master - stipulated final judgment upon consent and confidential settlement agreement and release serve to fully resolve dispute between parties.  Full Article

Spin Master enters agreement with Alibaba to expand reach in China​
Monday, 28 Aug 2017 

Aug 28 (Reuters) - Alibaba Group Holding Ltd :Spin Master Corp- ‍co, Alibaba announced a continued collaboration to further expand Spin Master brand portfolio in China​.Spin Master Corp- ‍announced launch of brands Hatchimals and PAW Patrol in China​.  Full Article

Spin Master Q2 earnings per share $0.22
Tuesday, 1 Aug 2017 

Aug 1 (Reuters) - Spin Master Corp :Spin Master reports very strong Q2 2017 financial results.Spin Master Corp qtrly revenue of US$276.7 million increased 54.2% from US$179.4 million.Q2 adjusted earnings per share $0.22.Q2 earnings per share $0.22.Q2 earnings per share view $0.14, revenue view $224.0 million -- Thomson Reuters I/B/E/S.Spin Master Corp - for full year 2017, organic gross product sales now expected to grow in mid 20% range.Spin Master Corp - full year 2017 adjusted EBITDA margins are expected to increase compared with prior guidance.Spin Master Corp - adjusted EBITDA margins in 2017 are now expected to increase by approximately 100 basis points over 2016.  Full Article

Spin Master Q1 earnings per share $0.10
Thursday, 11 May 2017 

May 11 (Reuters) - Spin Master Corp ::Spin Master reports strong Q1 2017 financial results.Q1 adjusted earnings per share $0.13.Q1 earnings per share $0.10.Qtrly revenue of US$227.7 million increased 40.8% from US$161.7 million.Spin Master Corp - re-affirmed its outlook for 2017 provided in March 2017.Q1 earnings per share view $0.16, revenue view $206.4 million -- Thomson Reuters I/B/E/S.Fy2017 earnings per share view $1.37, revenue view $1.32 billion -- Thomson Reuters I/B/E/S.  Full Article

Spin Master announces acquisition of Marbles
Monday, 1 May 2017 

May 1 (Reuters) - Spin Master Corp :Spin Master announces acquisition of Marbles and continued growth of games portfolio.Sale did not include any of Marbles' retail assets.A transition services agreement is currently in place and Marbles' employees will assist in a seamless transition.Marbles' assets were sold through a bankruptcy court approved sale process and include all of marbles' proprietary and licensed games.Scott Brown, Marbles co-founder and chief merchant, will be joining Spin Master.  Full Article

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Toys 'R' Us demise could spur merger boom in U.S. toy market

The U.S. toy industry looks set for a flurry of mergers and acquisitions between smaller toy makers in the aftermath of the Toys 'R' Us bankruptcy, as they seek more scope and negotiating power with big box retailers Target and Walmart .