Workflow
PAW Patrol®
icon
Search documents
Spin Master Scores Big on Walmart's 2025 Top Toys List with Seven Must-Have Picks
Prnewswire· 2025-09-16 14:53
From preschool icons like PAW Patrol® and Melissa & Doug® to sensory-rich playsets and hands-on crafting fun, the lineup represents Spin Master's hallmark creativity—designed to spark imaginations across every kind of playtime adventure. Continue Reading Spin Master on Walmart's Top Toys List (CNW Group/Spin Master Corp.) "The holiday season is all about wonder and imagination—and that's exactly what each of these top toys deliver," said Doug Wadleigh, Spin Master's President of Toys. "From inspiring creati ...
Spin Master's Viral Primal Hatch™ Jurassic World T.REX Hits Shelves, Feeding Dinosaur Fervour
Prnewswire· 2025-09-15 12:30
Core Insights - Spin Master Corp. has launched the Primal Hatch Jurassic World T. REX toy, which is now available at major US retailers, tapping into the popularity of the Jurassic World franchise [1][2] - The toy allows children to hatch and interact with a baby T. REX, enhancing the play experience through training and personality development [2][3] - The suggested retail price for the Primal Hatch T. REX is $65.99 USD, and it has already gained significant attention online, including over 4 million views on TikTok [3][4] Product Details - The Primal Hatch toy features an egg that children can tap to initiate the hatching process, resulting in a lifelike experience as the T. REX emerges [2][3] - Once hatched, the T. REX can be trained and interacted with, allowing it to evolve into either a fierce predator or a friendly companion based on the child's actions [2][3] - The toy has been recognized as a 1 Best Seller on Amazon in the Kids' Play Dinosaur category and has received several international awards [3] Company Background - Spin Master Corp. is a leading global children's entertainment company known for creating exceptional play experiences across toys, entertainment, and digital games [5] - The company has a diverse portfolio of award-winning brands and engages 60 million active users monthly through its digital games [5] - Spin Master operates 29 offices in nearly 20 countries and employs over 2,500 team members globally [5] Franchise Context - The Jurassic World franchise, created by Universal Pictures and Amblin Entertainment, is a $6 billion film series that captivates audiences with its themes of coexistence between dinosaurs and humans [4] - The franchise extends beyond films, offering a larger-than-life experience that includes various products and attractions [4]
Spin Master Reports Q2 2025 Financial Results
Prnewswire· 2025-07-31 10:30
Core Insights - Spin Master Corp. reported its financial results for Q2 2025, highlighting a commitment to a diversified portfolio across Toys, Entertainment, and Digital Games despite revenue pressures from global tariffs [2][3][4] Financial Performance - Q2 2025 revenue was $400.7 million, a decrease of 2.7% from $412.0 million in Q2 2024, primarily due to a decline in Toy revenue, partially offset by growth in Digital Games revenue [5][12] - Operating loss for Q2 2025 was $52.4 million, compared to a loss of $23.0 million in Q2 2024, reflecting challenges in the Toys segment and strategic investments [5][8] - Net loss for Q2 2025 was $46.5 million or $(0.46) per share, compared to a net loss of $24.5 million or $(0.24) per share in the prior year [5][42] - Adjusted EBITDA for Q2 2025 was $28.7 million, down from $53.6 million in Q2 2024, with an adjusted EBITDA margin of 7.2% compared to 13.0% [5][11] Segment Performance - **Toys Segment**: Revenue decreased by $18.6 million to $322.3 million, with a significant decline in Activities, Games & Puzzles and Dolls & Interactive categories [14][15] - **Entertainment Segment**: Revenue declined by $4.3 million to $32.1 million, primarily due to lower distribution and licensing revenue [16][19] - **Digital Games Segment**: Revenue increased by $11.6 million to $46.3 million, driven by higher in-game purchases and subscriptions [17][20] Cost Management and Synergies - The company achieved total net cost synergies of $5.6 million related to the acquisition of Melissa & Doug, exceeding the target of $25 million to $30 million in annualized run-rate synergies [5][10] - Strategic investments in marketing and higher selling expenses impacted profitability, but operational efficiencies helped mitigate some costs [10][11] Liquidity and Capital Structure - As of June 30, 2025, the company had available liquidity of $473.2 million, consisting of $128.0 million in cash and $345.3 million under credit facilities [22][25] - The company declared a quarterly dividend of C$0.12 per share, payable on October 10, 2025 [29] Future Outlook - Spin Master is focused on navigating macroeconomic headwinds by emphasizing consumer engagement, innovation, and scaling global franchise brands [2][5]
Spin Master Corp. Announces Time Change for Second Quarter 2025 Earnings Call on July 31, 2025
Prnewswire· 2025-07-21 21:05
Company Overview - Spin Master Corp. is a leading global children's entertainment company known for creating exceptional play experiences across three creative centers: Toys, Entertainment, and Digital Games [4] - The company is recognized for its award-winning brands, including PAW Patrol®, Melissa & Doug®, Bakugan®, and Rubik's® Cube, and serves as the global toy licensee for other iconic properties [4] - Spin Master has an established presence in digital games, engaging 70 million active users monthly through platforms like Toca Boca® and Piknik™ [4] - The company operates 29 offices in nearly 20 countries and employs over 2,500 team members globally [4] Upcoming Financial Events - Spin Master will report its second quarter 2025 financial results on Thursday, July 31, 2025, at approximately 6:30 a.m. (ET) [1] - A conference call for the investment community will be hosted by CEO Christina Miller and CFO Jonathan Roiter on the same day at 9:30 a.m. (ET) [2] - Participants can join the call using the numbers (416) 945-7677 or 1 (888) 699-1199, and a live webcast will be available on Spin Master's website [3]
NICKELODEON AIRS ANIMATED SERIES, UNICORN ACADEMY™ AND VIDA THE VET™, FROM SPIN MASTER ENTERTAINMENT, BEGINNING JULY
Prnewswire· 2025-07-08 11:00
Programming Update - Nickelodeon has added two new animated series, Unicorn Academy and Vida the Vet, to its programming lineup starting July 2025, marking their linear debuts in the U.S. [1] - Unicorn Academy follows the adventures of Sophia and her classmates at a magical boarding school on Unicorn Island, focusing on themes of friendship and rivalry while protecting the island's magic [1]. - Episodes of Unicorn Academy will air on Sundays at 9 a.m. (ET/PT) for four consecutive weeks [1]. - Vida the Vet centers on a 10-year-old girl named Vida who aspires to be a veterinarian, helping animals in her new town of Sweetwood [2]. - Episodes of Vida the Vet will be broadcast Monday-Thursday at 10 a.m. (ET/PT) throughout July [2]. Company Overview - Spin Master Corp. is a leading global children's entertainment company known for creating engaging play experiences across toys, entertainment, and digital games [3]. - The company is recognized for its award-winning brands such as PAW Patrol, Melissa & Doug, Bakugan, and Rubik's Cube, and has a strong presence in digital games with 70 million active users monthly [3]. - Spin Master operates 29 offices in nearly 20 countries and employs over 2,500 team members globally [3]. Nickelodeon Brand - Nickelodeon, now in its 46th year, is the leading entertainment brand for kids, focusing on diverse programming and consumer products [4]. - The brand encompasses television programming, digital experiences, publishing, and feature films, and is part of Paramount's global portfolio of multimedia entertainment brands [4].