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Stocks D / DreamWorks Animation SKG

URL:  http://boards.fool.com/q4-sales-21-profits-71-29878666.aspx

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