Marvel Misses Its Mark

[wayshway]

Despite posting strong sales gains compared to the previous year, Marvel missed its target for sales in their second quarter 2007 fiscals sales results. Despite posting a 111% increase in operating revenue to 56 million dollars and a 78.5% increase in net income to 29.1 million dollars. While licensed products and comic sales were strong, toy sales were softer than expected, leading to the missed target.

[lordsmurf]

I never understand Wall Street. They only made 30 million dollars instead of the 40 million they wanted. Oh, boo hoo. Whatever shall they do. Profit is profit. Have to say though ... their toys were not being bought by me, not very good.