Lego Stacks Up Shipments as Demand Recovery Anticipated — Panjiva
Más

Panjiva_research_logo

Lego Stacks Up Shipments as Demand Recovery Anticipated

Cons. Discr. - Retailing 156 Mexico 505 Mode - Truck 48 U.S. 3301

Toymaker Lego reported 1H 2018 revenues that rose by just 1% on a currency adjusted basis with a “slight decline” in North America. While that’s partly due to the failure of Toys’R’Us – a similar issue was cited by Mattel – U.S. imports suggest a recovery is anticipated. Seaborne shipments to the U.S. rose 4% and 7% in July and August respectively which may reflect new models and the off-cycle Star Wars film release. Exports from its Mexican operations to the U.S. rose 30% in the three months to July 31. The business should be immune to NAFTA negotiations – toys are not...

PANJIVA RESEARCH is a service provided by Panjiva, Inc. ("Panjiva") to relevant global subscribers, and are deemed to be Panjiva "Services" subject to the Panjiva Terms & Conditions of Use. Information contained within or made available via the Services is for informational purposes only and nothing in the Services shall constitute or be construed as an offering of financial instruments, or as investment advice or recommendations by Panjiva, Inc. or its affiliates of an investment strategy or whether to "buy", "sell" or "hold" an investment. The Services may include views and commentary about customers of Panjiva. No aspect of the Services is based on consideration of your individual circumstances, and you should determine on your own whether you agree with the information contained within or made available via the Services. Employees involved in Panjiva Research may hold positions in securities analyzed or discussed in the Services. Panjiva does not make any express or implied warranties, representations, endorsements or conditions with respect to the Services and the information contained within or made available via the Services, including without limitation, warranties as to the usefulness, completeness, accuracy, currentness, reliability or sufficiency of any information (including, without limitation, conclusions, statements, opinions, estimates, forecasts or projections of any kind) and expressly disclaims any implied warranties. Neither this disclaimer nor any of its contents may be forwarded or redistributed without the prior written consent of Panjiva. © 2019 Panjiva, Inc. All Rights Reserved.