Spin Master’s revenue falls

Spin Master Corp. says its preliminary fourth-quarter revenue totalled $465.8 million (U.S.), down from $620.5 million a year earlier. The toy company says toy revenue for the quarter totalled $396.7 million, down from $542 million. For its full year, the company says revenue totalled $2.02 billion, down from $2.04 billion in 2021 as toy revenue amounted to $1.74 billion.