Toys ‘R’ Us sales shoot up 15.2%, while Q4 net earnings skyrocket 40.1%
It looks like reports of its demise may be greatly exaggerated as net earnings for Wayne, New Jersey-based toy retailer Toys 'R' Us increased by 40.1% in Q4 2006. The company reached US$199 million for the quarter compared to net earnings of US$142 million for the fourth quarter of 2005. Q4 sales at the largest toy chain in the US were also up substantially, increasing 15.8% to US$5.6 billion from US$4.9 billion in Q4 2005.
April 26, 2007
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