DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Niels Christiansen - 1 we've - 1 Christiansen - 1 That's - 1
Top related locs:
Danish Mexico Virginia China
Top related orgs:
Mattel - 1 Hasbro - 1 Funko - 1 Jakks - 1 CNBC - 1 lockdowns - 1 U.S . - 1 Star - 1

Search resuls for: "Jakks"


2 mentions found


☆ Lego sales increase while other toy makers struggle
  + stars: | 2023-08-30 | by ( Sarah Whitten | ) www.cnbc.com   time to read: +3 min
While other toy companies struggle with an inflation-fueled sales slump, Lego is building positive results brick by brick. Meanwhile, publicly traded rivals such as Mattel , Hasbro , Funko and Jakks Pacific have all reported double-digit revenue and sales declines so far this year. "I think what makes me very satisfied is this fact that we continue to outgrow the industry," CEO Niels Christiansen told CNBC. Toy companies across the industry saw massive gains during the Covid-19 pandemic, as parents looked for ways to keep their kids occupied during lockdowns. The region is newly exposed to the iconic building bricks and physical locations have helped show adults and children how to play with Lego.
Persons: Niels Christiansen, we've, Christiansen, That's Organizations: Mattel, Hasbro, Funko, Jakks, CNBC, lockdowns, U.S ., Star Locations: Danish, Mexico, Virginia, China
☆ Businesses Rush to Sidestep Rate Shock by Paying Down Debt
  + stars: | 2022-11-09 | by ( Kristin Broughton | ) www.wsj.com   time to read: +7 min
Executives are aggressively paying down debt as higher interest rates increase the cost associated with having debt and businesses face the prospect of a recession. As a result, some are taking steps to rein in expenses and cut interest costs, while others are looking to put cash reserves to work as their bank deposits continue to generate minimal yields. Beauty paid an annual interest rate of 4.9% on the loan, according to Mandy Fields, the company’s chief financial officer. About two-thirds of the loan carried a 5% interest rate that was fixed through a swap, which was set to expire in 2025. The two transactions reduced KAR’s annual interest costs by $70 million, to an estimated $15 million a year, Mr. Loughmiller said.
0 next >>
Total: 2