Spin Master's Growth Likely Hit By Tariff Dynamic -- Market Talk

Dow Jones

Jun 25, 2025

0736 ET - Tariff uncertainty may delay some growth at Canadian toy maker Spin Master, according to Adam Shine of National Bank of Canada. The analyst says in a report that estimates for its peers, Mattel and Hasbro, show a contraction in revenue, largely due to trade tensions especially with China. For Spin Master, Shine says "some adjusting is necessary given we had a high 2Q estimate despite a lower than consensus annual Adj. Ebitda forecast (NBF $407 million, consensus $434 million), a change in CFO, tariff chaos of April which reduced the number of containerships from Asia (especially China), and strategic planning that took place in May to try to cope with the changing dynamic in 2025." (adriano.marchese@wsj.com)

(END) Dow Jones Newswires

June 25, 2025 07:36 ET (11:36 GMT)

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The analyst says in a report that estimates for its peers, Mattel and Hasbro, show a contraction in revenue, largely due to trade tensions especially with China. For Spin Master, Shine says \"some adjusting is necessary given we had a high 2Q estimate despite a lower than consensus annual Adj. Ebitda forecast (NBF $407 million, consensus $434 million), a change in CFO, tariff chaos of April which reduced the number of containerships from Asia (especially China), and strategic planning that took place in May to try to cope with the changing dynamic in 2025.\" (adriano.marchese@wsj.com) \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 25, 2025 07:36 ET (11:36 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Spin Master's Growth Likely Hit By Tariff Dynamic -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSpin Master's Growth Likely Hit By Tariff Dynamic -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-06-25 19:36</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0736 ET - Tariff uncertainty may delay some growth at Canadian toy maker Spin Master, according to Adam Shine of National Bank of Canada. The analyst says in a report that estimates for its peers, Mattel and Hasbro, show a contraction in revenue, largely due to trade tensions especially with China. For Spin Master, Shine says \"some adjusting is necessary given we had a high 2Q estimate despite a lower than consensus annual Adj. Ebitda forecast (NBF $407 million, consensus $434 million), a change in CFO, tariff chaos of April which reduced the number of containerships from Asia (especially China), and strategic planning that took place in May to try to cope with the changing dynamic in 2025.\" (adriano.marchese@wsj.com) \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 25, 2025 07:36 ET (11:36 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4588","symbol_name":"碎股","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2546212601","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2546212601","pubTimestamp":1750851360,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0736 ET - Tariff uncertainty may delay some growth at Canadian toy maker Spin Master, according to Adam Shine of National Bank of Canada. The analyst says in a report that estimates for its peers, Mattel and Hasbro, show a contraction in revenue, largely due to trade tensions especially with China. For Spin Master, Shine says \"some adjusting is necessary given we had a high 2Q estimate despite a lower than consensus annual Adj. Ebitda forecast , a change in CFO, tariff chaos of April which reduced the number of containerships from Asia , and strategic planning that took place in May to try to cope with the changing dynamic in 2025.\" ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4588":"碎股","BK4190":"消闲用品","BK4585":"ETF&股票定投概念","HAS":"孩之宝","MAT":"美国美泰公司","BK4566":"资本集团"},"translate_title":"Spin Master的增长可能受到关税动态的打击——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"HAS":0.9,"MAT":0.9},"content_text":"0736 ET - Tariff uncertainty may delay some growth at Canadian toy maker Spin Master, according to Adam Shine of National Bank of Canada. The analyst says in a report that estimates for its peers, Mattel and Hasbro, show a contraction in revenue, largely due to trade tensions especially with China. For Spin Master, Shine says \"some adjusting is necessary given we had a high 2Q estimate despite a lower than consensus annual Adj. Ebitda forecast (NBF $407 million, consensus $434 million), a change in CFO, tariff chaos of April which reduced the number of containerships from Asia (especially China), and strategic planning that took place in May to try to cope with the changing dynamic in 2025.\" (adriano.marchese@wsj.com) \n\n\n  (END) Dow Jones Newswires\n\n\n  June 25, 2025 07:36 ET (11:36 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"policyRegulatory","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}