Mega Brands shares plunge as earnings slide

The Montreal-based maker of building block sets with names like Power Rangers Super Samurai and Dragons Universe tallied an eight per cent decrease in toy sales in its most recent fourth quarter as its products failed to capture the imagination of U.S. children during the key holiday buying season.

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Bibliographic Details
Published inPostmedia News
Main Author Nicolas Van Praet
Format Newsletter
LanguageEnglish
Published Don Mills, Ont Postmedia Network Inc 14.03.2012
Subjects
Corporate profits
Investments
MONTREAL
United States > US
Online AccessGet full text

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Summary:The Montreal-based maker of building block sets with names like Power Rangers Super Samurai and Dragons Universe tallied an eight per cent decrease in toy sales in its most recent fourth quarter as its products failed to capture the imagination of U.S. children during the key holiday buying season.