TORONTO — Spin Master Corp. is starting to feel the weight of tariffs and is bracing for more uncertainty as its key holiday season nears.

Executives say the Toronto-based toy maker has seen levies threatened and imposed by the U.S. increase production costs and cause retailers to pause purchases and consumers to rein in spending.

"How the consumer reacts on the back half of the year? I think that's still a question mark," said chief financial officer Jonathan Roiter on a call with analysts Thursday.

"There could just be less dollars available for them as they're working through potentially higher prices across our large basket of goods, not just on the toy side."

Roiter's remarks came as Spin Master, which reports in U.S. dollars, said it lost US$46.5 million in the second quarter, co

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