The Globe and Mail reports in its Wednesday edition that Spin Master's chief executive officer says he has an eye on "numerous points of volatility" the toy maker could face this year. A Canadian Press dispatch to The Globe quotes Max Rangel saying Tuesday the Toronto-based company stands to be affected by 10-per-cent tariffs U.S. President Donald Trump has levied on goods entering his country from China. Spin Master, which is behind the Hatchimals, Gabby's Dollhouse and Monster Jam brands, may also be hindered by consumers being more cautious with spending. "Value will be an important driver for consumers in 2025 as they continue to experience pressure on discretionary spending," Mr. Rangel said on a call with analysts. To deal with both challenges, Spin Master is reviewing its supply chain options "carefully" and considering pricing changes. Those moves come as Canada has been plunged into uncertainty by Mr. Trump, who has promised to apply duties to Canadian goods next month. Fourth quarter results were released Monday. The company saw a profit of $21.1-million, up from a loss of $30.1-million a year earlier (all figures U.S.). Its revenue totalled $649.1-million, up from $502.6-million during Q4 in 2023.
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