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The success of Paw Patrol could be in the early innings with Spin Master betting heavily on the brand going forward.Ī March presentation listed Paw Patrol getting a franchise expansion in 2023 and three new themes in 2022. Black Friday online sales hit all-time high of 7.4 billion, up 19.6 these were the. “We are well positioned for the second half with an amazing toy line up, growth in our digital games franchises and the highly-anticipated release of Paw Patrol: The Movie, our first foray into feature films,” Spin Master CEO Max Rangel said.Ī new line of toys based on the movie was released by retailers in early August with over 30 products featured across vehicles, playsets, figures and plush categories. Spin Master stock sinks after downward guidance revision Jan. Spin Master reported record profitability in the second quarter and saw revenue up 39% to $390.8 million. Other Spin Master brands include Bakugan, Hatchimals, Rubik’s Cube and Mighty Express, a show airing on Netflix Inc (NASDAQ: NFLX). Paw Patrol was named the top new toy brand by the NPD Group in 2015 and has been one of the most profitable brands for Spin Master. Spin Master shares also trade on the Toronto Stock Exchange under the ticker TOY. Shares of Spin Master Corp are up 70% over the last five years on the OTC, outperforming rivals Hasbro and Mattel. Why It’s Important: Spin Master had its IPO in 2015 and saw shares rise as “Paw Patrol” became a hit as one of the top kids’ shows and toy brands. Related Link: Disney’s Free Guy Holds Off Paw Patrol To Remain Top Dog At Box Office The movie has grossed a total of $34.5 million worldwide. “Paw Patrol: The Movie” grossed $12.8 million in 33 international markets over the weekend and has a foreign box office total of $21.5 million since its release. The movie was produced by Spin Master and received an A- rating from CinemaScore.
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“Paw Patrol: The Movie” grossed $13 million domestically over the weekend while also premiering on Paramount+ for free to subscribers.