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Spin Master (TSE:TOY)
:TOY
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Earnings Data
Report Date
Feb 24, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
1.05Last Year’s EPS
0.28Same Quarter Last Year
Strong Buy
Based on 4 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 06, 2018
|% Change Since: -3.51%
|Next Earnings Date:Aug 01, 2018
Earnings Call Sentiment|Neutral
Spin Master Corp. reported strong revenue growth driven by the integration and performance of Melissa & Doug and success in the toy segment. However, challenges remain with declines in Entertainment and Digital Games revenue, particularly affecting Toca Boca World. Overall, the company shows positive momentum with strategic initiatives and market expansions, but faces hurdles in digital engagement and entertainment revenue.Company Guidance
In the Q3 2024 earnings call for Spin Master Corp, the company provided guidance demonstrating strong financial performance with a 25% increase in total revenue, reaching $886 million, inclusive of Melissa & Doug. Excluding Melissa & Doug, revenue increased by 3%, counterbalancing declines in Entertainment and Digital Games. The adjusted EBITDA for Q3 was $277.5 million, with a 31.3% margin, bolstered by the inclusion of Melissa & Doug, which contributed $49.4 million. Adjusted EBITDA, excluding Melissa & Doug, was $228.1 million. The company reiterated its 2024 guidance, expecting toy gross product sales, excluding Melissa & Doug, to align with 2023 levels, while Melissa & Doug sales are projected between $420 million and $430 million. Spin Master also noted a strategic focus on innovative product lines and an emphasis on market expansions, particularly leveraging their position with Melissa & Doug. The call underscored an overall positive outlook, bolstered by robust marketing strategies and a diversified portfolio heading into 2025.Record Revenue Growth
Total revenue increased by 25% to $886 million in Q3 2024, driven by strong performance in Spin Master Story Creator Center and Melissa & Doug.
Melissa & Doug Performance
Melissa & Doug saw double-digit growth for the second consecutive quarter, with POS growth of 7.4% in Q3 and a successful Amazon Prime Day with over 30% growth compared to 2023.
Toy Segment Success
Excluding Melissa & Doug, the Toy Creative Center saw gross product sales growth of over 9%, with notable successes in Hatchimals, Disney Bitzee, and Unicorn Academy.
Strong Performance of Monster Jam and Kinetic Sand
Monster Jam grew POS by 16.5% globally, and Kinetic Sand saw a 19% increase in POS compared to a decline in the overall Arts & Crafts category.
Significant Milestones in Digital Games
Toca Boca World crossed 1 billion downloads, and Sago Mini subscriptions grew by 25%, reaching 434,000 subscribers.
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TSE:TOY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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TSE:TOY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 30, 2024 | C$32.49 | C$29.36 | -9.63% |
| Jul 30, 2024 | C$32.93 | C$31.38 | -4.71% |
| May 07, 2024 | C$29.92 | C$29.06 | -2.87% |
| Feb 28, 2024 | C$33.12 | C$31.89 | -3.71% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Spin Master (TSE:TOY) report earnings?
Spin Master (TSE:TOY) is schdueled to report earning on Feb 24, 2025, TBA Not Confirmed.
What is Spin Master (TSE:TOY) earnings time?
Spin Master (TSE:TOY) earnings time is at Feb 24, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:TOY EPS forecast?
TSE:TOY EPS forecast for the fiscal quarter 2024 (Q4) is 1.05.
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