Author: Maddie Michalik

Toys “R” Us Releases Fiscal Year Financial Results

Toys “R” Us Inc. released its annual financial report for fiscal year ended February 3, 2018. The posted financial information, which may be accessed online, is subject to a standard confidentiality acknowledgement. The annual report can be found here. Investors seeking access to financial information posted to the website must initially email the site administrator at datasite@merrillcorp.com to request access (reference Toys “R” Us Financial Reporting in the subject line). The annual financial report is being issued in accordance with the reporting requirements in Section 4.03 of the respective indentures governing the 12 percent Senior Secured Notes due 2021 and the 11...

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Funko Reports Q1 2018 Financial Results

Funko Inc. reported its financial results for the first quarter ended March 31, 2018. Highlights include a net sales increase of 38.5 percent to $137.2 million. Gross margin increased 210 basis points to 37.4 percent, and included $1.8 million of costs related to Toys “R” Us shipments for which no revenue was recognized. Income from operations increased $5.8 million to $7.2 million, and net income increased to $2.2 million from a net loss of $5.6 million. The increase in net sales was primarily driven by the continued expansion of products and properties in the company’s portfolio. In the first quarter this year,...

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Hasbro Launches Lost Kitties Brand

Hasbro introduces its latest brand, Lost Kitties. The collection of mischievous kitties have a mind of their own and are always on the lookout for adventure, with their curious cat instincts taking them into unexpected places. Kids can dig through the shaping compound to search for which Lost Kitties are hidden inside blind cartons. The blind box singles are available on June 1, and the multipack will be available on August 1. Made for kids ages 5 and up, each kitty squad has its own mischievous interests and personalities. The Lost Kitties Blind Box Singles assortment comes with two themed accessories...

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Jay@Play Launches Boxy Girls

Jay@Play, creators of the Original FlipaZoo plush toy, introduces Boxy Girls. In an exclusive retail partnership with Walmart, Boxy Girls will be on shelves and available for purchase on of May 21. Combining the play patterns around fashion dolls and collectability, the story behind Boxy Girls is that they love to shop online and can’t wait to open the packages full of miniature goodies delivered to their doorsteps. With four Boxy Girls to collect (Riley, Willa, Nomi, and Brooklyn), each doll has a distinct personality and comes with four surprise packages. Kids get to find out what’s inside—including makeup,...

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Fingerlings Entertainment to Launch on May 11

The Fingerlings property expands with YouTube entertainment content based on the toys from WowWee. The channel will launch with three distinct programs on May 11. Fingerlings Tales follows the adventures of Bella, Boris, Gigi, Marge, and friends as they navigate the waters of friendship and family in their hometown of Melody Village. A mix of wild wackiness and classic heart, Fingerlings Tales reflects the creativity, originality, and laughter created by the toy line itself. Kids can join Bella and Boris each week as they present The Fingerlings Show, a weekly live action variety show starring Fingerlings toys, including new characters...

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