Toys ‘R’ Us reports healthy 2007 sales

Despite a year marked by costly toy recalls, Wayne, New Jersey-based Toys 'R' Us reported a whopping 39.3% increase in net earnings in Q4, 2007 over 2006, and a similarly impressive 40.4% jump in year-end net earnings over last fiscal's numbers, with overall annual retail sales increasing by 5.7% to US$13.05 billion.
By
May 5, 2008

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About The Author
Gary Rusak is a freelance writer based in Toronto. He has covered the kids entertainment industry for the last decade with a special interest in licensing, retail and consumer products. You can reach him at garyrusak@gmail.com
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