East Longmeadow Local Business
Local business in East Longmeadow, MA
Sep 27, 2015 | via Business Wire
Third quarter 2016 revenues grew 14% over 2015 to $1.68 billion, including a negative $2.8 million impact of foreign exchange; Third quarter 2016 revenues grew in all major operating segments: The U.S. and Canada segment increased 16%; International segment increased 13%, including a negative $3.0 million impact of foreign exchange; The Entertainment and Licensing segment increased 8%; Growth in Boys, Games and Girls categories; Franchise Brand revenues up 2% with growth in MAGIC: THE GATHERING, NERF, TRANSFORMERS and PLAY-DOH; Partner Brand revenues grew 19% driven by DISNEY PRINCESS and DISNEY'S FROZEN, DREAMWORKS' TROLLS and YO-KAI WATCH; Operating profit increased 19% and net earnings increased 24% to $257.8 million or $2.03 per diluted share; Company returned $112.4 million to shareholders in the quarter; $64.0 million in dividends and $48.4 million in share repurchases. Comment?
Copyright © 2016 Topix LLC