Toy market news

SUMR Brands reports Q1 2021 financial results

SUMR Brands, a manufacturer of infant and juvenile products, announced financial results for the fiscal first quarter ended April 3, 2021.

Net sales were $36.2 million in the first quarter versus $40.3 million in the prior-year period, a decline that reflected ongoing supply chain constraints and logistical issues, which have impeded product getting to market

Revenue rose double-digit across certain categories, including potties, gates, and boosters, but this was more than offset by weakness internationally and with certain retailers where product could not reach end consumers.

anbmedia.com