Licenses boost MEGA Brands sales, but bottom line hurt by recall
Montreal, Canada-based kids products manufacturer MEGA Brands enjoyed a 15% bump in Q1, 2007 net sales. The company reported net sales of US$90.1 million compared to US$78.6 million during the same period a year ago. Not surprisingly, toys was the strongest sector with revenues of US$54.1 million, up from US$42.5 million in Q1, 2006.
May 18, 2007
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