Spin Master Corp Shs Subord Voting
TOY: XTSE (CAN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| W!& | LOCK|cs^ | LOCK|$F$!^#k |
Spin Master Earnings: Uncertain Holiday Season Ahead, but Investments Keep Key Brands Relevant
Spin Master's third-quarter results included a gross sales decline of 20% as domestic replenishment weighed on throughput. Adjusted EBITDA of 26.6% was affected by negative volume. With holiday sales expected to be spread widely across the fourth quarter, the firm withheld annual guidance.
