Small World Kids’ sales up in Q1

Culver City, California-based specialty toyco Small World Kids reported a 10.9% spike in Q1 2007 net sales, jumping to US$7.2 million from US$6.4 million in 2006. The company's gross margin was up 6.9% to 39.9%, while operating expenses dropped 13.8%. The two factors combined helped to reduce operating losses to US$500,000, down US$1.3 million from Q1 2006 losses of US$1.8 million.
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May 28, 2007

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