3/5/2026

speaker
Operator

Thank you. Thank you. Thank you. Thank you.

speaker
Operator
Conference Operator

Good morning, ladies and gentlemen. Welcome to the SPIN Master fourth quarter 2025 results conference call. At this time, all lines are in a listen-only mode. Following the presentation, we'll conduct a question and answer session for analysts. Following the presentation, we'll conduct... Oh, I do apologize. If at any time during this call you require immediate assistance, please press star zero for the operator. This call is being recorded today, Thursday, March 5th, 2026. I would now like to turn the conference over to Tim Foran, VP Investor Relations. Please go ahead.

speaker
Tim Foran
VP, Investor Relations

Thank you. Good morning, everyone, and thank you for joining our call. With me here today are our CEO, Christina Miller, and our CFO, Jonathan Reuter. For your convenience, the press release, MD&A, and consolidated financial statements are available on the Investor Relations section of our website at spinmaster.com and on CDAR+. Before we begin, please note that remarks on this conference call may contain forward-looking statements about SPIN Master's current and future plans, expectations, intentions, results, levels of activity, performance, goals or achievements, and any other future events or developments. Forward-looking statements are based on currently available information and assumptions that management believes are appropriate and reasonable in the circumstances. However, there can be no assurance that such assumptions will prove to be correct and many factors could cause actual results to differ materially from those expected or implied by the forward-looking statements. As a result, your caution not to place undue reliance on these forward-looking statements. For additional information on these assumptions and risks, please consult the cautionary statements regarding forward-looking information in our earnings release dated March 5th, 2026. Except as may be required by law, Spin Master disclaims any intention to update or revise any forward-looking statements whether because of new information, future events, or otherwise. Please note that Spin Master reports in U.S. dollars, and all dollar amounts today are expressed in U.S. currency, unless otherwise noted. Also, all industry data that we reference related to toys is from Circana LLC Retail Tracking Service and relates to data from our G11 markets, which are specified in our Q4 2025 supplementary presentation. And unless noted otherwise, all percentage growth rates refer to the periods ending December 31st, 2025, relative to the same period in 2024. In terms of an agenda for the call, Christina will start with a review of the year 2025, and then an overview of our strategy and priorities for 2026 and beyond. Jonathan will then provide a financial review of the year, Q4, and our financial outlook for 2026. I would now like to turn the conference call over to Christina.

Disclaimer

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Investor presentation