Spin Master (TSE:TOY) Announces Earnings Results

Spin Master (TSE:TOY) announced its quarterly earnings results on Thursday. The company reported C$1.47 earnings per share for the quarter, FiscalAI reports. Spin Master had a negative return on equity of 6.74% and a negative net margin of 4.01%. The firm had revenue of C$1.04 billion for the quarter.

Here are the key takeaways from Spin Master’s conference call:

• Spin Master reiterated its 2026 guidance for stable to low-single-digit revenue growth and mid- to high-single-digit adjusted EBITDA growth, supported by year-to-date adjusted EBITDA growth of 7%.
• Core brands continued to perform well, including PAW Patrol revenue growth of 26%, Melissa & Doug growth of 10%, and Toca Boca World growth of 13%; Piknik revenue increased 6%.
• Operating cash flow rose $40 million in the quarter and more than doubled year to date, enabling continued investment, debt repayment, dividends, and share repurchases while net leverage declined to approximately 0.8 turns.
• Management expects approximately $25 million of movie-related revenue and EBITDA from PAW Patrol: The Dino Movie to be nonrecurring in 2027, while toy and digital-game margins declined and operating income was pressured by higher amortization and non-cash impairments.
• The company continues to face uncertainty around holiday replenishment timing, tariffs, and commodity costs; management cited an approximately $30 million tariff headwind in 2026 and said roughly half of annual point-of-sale activity remains concentrated in the fourth quarter.

Spin Master Stock Performance

Shares of TOY traded down C$0.47 during midday trading on Thursday, reaching C$20.49. 161,441 shares of the stock were exchanged, compared to its average volume of 163,600. Spin Master has a twelve month low of C$17.13 and a twelve month high of C$24.13. The company has a quick ratio of 2.06, a current ratio of 1.09 and a debt-to-equity ratio of 30.48. The stock’s 50 day simple moving average is C$20.34 and its 200 day simple moving average is C$19.69. The company has a market cap of C$2.05 billion, a P/E ratio of -26.27, a PEG ratio of 0.57 and a beta of 0.66.

Spin Master Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 9th. Shareholders of record on Friday, October 9th were given a dividend of $0.12 per share. The ex-dividend date was Friday, September 25th. This represents a $0.48 annualized dividend and a yield of 2.3%. Spin Master’s dividend payout ratio (DPR) is presently -44.16%.

Analysts Set New Price Targets

Separately, TD boosted their target price on Spin Master from C$26.00 to C$27.00 and gave the stock a “buy” rating in a report on Friday, July 3rd. Six equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of C$27.20.

Spin Master Company Profile

Spin Master Corp. (TSX:TOY) is a leading global children’s entertainment company, creating exceptional play experiences across its three creative centres: Toys, Entertainment and Digital Games. With worldwide toy distribution, Spin Master is best known for award-winning brands including PAW Patrol ®, Melissa & Doug ®, Bakugan ® and Rubik’s ® Cube, and is the global toy licensee for other iconic properties. Through its in-house entertainment studio, the company creates and produces captivating multiplatform content including powerhouse preschool franchise PAW Patrol, along with other original shows, short-form series and feature films.