Marvel's Q3 sales dip - ToyNews

Marvel's Q3 sales dip

No film activity sees net sales dip over same period a year ago.
Author:
Publish date:
Social count:
0
5_Pocoyo.jpg

Marvel Entertainment revealed lower net sales for its third quarter (ending September 30th 2009) - reflecting a lower level of film activity and related licensed merchandise.

The company reported net sales for the period of $105.7 million and net income of $20.4 million. This is compared to net sales of $182.5 million and net income of $50.6 million in Q3 2008.

The anticipated year-over-year decline in net sales and net income reflects $65 million in lower film revenues in Q3 2009 compared to the prior year period, as well as lower licensing segment net sales related to last year's Iron Man and The Incredible Hulk films, plus the Spider-man merchandising joint venture.

To read the full story on our sister site, Licensing.biz, simply click here.

Related

Featured Jobs

Gameplan Job Logo 620 x 349

Sales Director UK

Our client is a well established privately owned UK toy manufacturer which has won numerous awards for outstandingly innovative toys, gifts and gadgets. A correspondingly outstanding and talented UK Sales Director is to be recruited who has the potential, the will, the drive and the ambition to advance to a higher position within a few years.

Vivid Job Logo 620 x 349

Digital Marketing Executive - Toys & Games

Vivid is Britain’s biggest toy company and the 20 largest in the world. With offices across the globe, they sell an amazing portfolio of toys and games to over 60 countries. Vivid is best known for its association with blockbuster brands and is very excited about future opportunities around the world.

Melissa and Doug Job Logo 620 x 349

Operations Planner

Imagine working for a company with a mission you can truly believe in, a playful and energetic culture, a talented team and a bright future! Melissa & Doug, the toy company committed to nurturing childhood wonder, is looking for an Operations Planner to coordinate the demand planning and supply between European markets and the US.