Spin Master Corp Shs Subord Voting
TOY: XTSE (CAN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
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Spin Master Earnings: Flat Top-Line Growth Masks Underlying Brand Potential; Shares Undervalued
Spin Master's third-quarter revenue was down 0.3% to USD 733 million, reflecting a toy net revenue decrease of 3% to USD 631 million (86% of sales), nearly offset by an entertainment increase of 61% to USD 53 million (7% of sales). Adjusted EBITDA margin was flat at 26.6%.
