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Hey kids, Santa here, with some bad news. Because of supply-chain disruptions and labour shortages here at the North Pole, I’ve made the very difficult decision to cancel Christmas this year. No, wait, don’t cry. It’s a joke! Christmas isn’t cancelled at all! In fact, if Spin Master’s third-quarter results are any indication, it’s going to be one of the best Christmases ever. Thanks to revenue tied to its first feature film, PAW Patrol: The Movie, popular digital games such as Toca Life World and strong demand for preschool products, the toy maker posted the highest quarterly sales in its history. Unfortunately, kids, I have some sad news to share about Rudolph … kidding!
