The Motley Fool Discussion Boards
Stocks D / DreamWorks Animation SKG
|Subject: Q4 sales -21%, profits -71%!||Date: 2/29/2012 10:04 AM|
|Author: TMFCogitarius||Number: 179 of 188|
Not too much good news from the Dream merchants this quarter. Thanks partly to last year's very strong performances from Shrek and Kung Fu Panda sequels.
'Puss In Boots - off to an excellent start in its domestic home video release - grossed approximately $535 million in worldwide box office to date, contributed $23.8 million of revenue in the quarter, driven primarily by its performance at the worldwide box office as well as merchandising and licensing activities.'
'Kung Fu Panda 2, which grossed approximately $665 million in worldwide box office, contributed $49.6 million of revenue in the quarter, driven primarily by its home entertainment performance. '
'Megamind contributed $19.4 million of revenue in the quarter, driven primarily by international pay television.'
'Library and other items contributed approximately $109.7 million of revenue to the quarter, including $72.9 million of revenue attributable to non-film businesses.'
Sales for the quarter were down 21% to $219MM, while profits