TORONTO – Spin Master Corp. reported its third-quarter profit and revenue fell compared with a year ago as it said it faced an uncertain economic environment and a shift in retailer buying behaviour driven by the impact of tariffs.

The toy company, which keeps its books in U.S. dollars, said it earned $106.8 million or US$1.03 per diluted share for the quarter ended Sept. 30.

The result compared with a profit of US$140.1 million or US$1.32 per diluted share in the same quarter last year.

Revenue totalled US$734.7 million for the quarter, down from US$885.7 million a year ago.

Toys revenue for the quarter amounted to US$650.4 million in the quarter, down from US$810.9 million a year ago, while entertainment revenue totalled US$32.8 million, down from US$37.1 million. Digital games reven

See Full Page