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Toys “R”Us reports financial results

Its earnings rose in the fourth quarter of 2015

  • Key4Communications
16/03/2016

The toy company Toys”R”Us presented its fourth quarter 2015 financial results as well as the figure of the total financial year, ended on January 30th 2016. Its adjusted earnings were 800 million dollar regarding to the total year, what supposes a 158 million dollar improving.

In the company reported results, we can appreciate a constant improving during the fourth quarter, as well as in the full year. Meanwhile, in its international segment, their sales increased for the eight consecutive quarter. “I am very encouraged by our positive consolidated same store sales in what was a very competitive marketplace,” said Dave Brandon, Chairman and Chief Executive Officer, Toys“R”Us, Inc. Then, he added that “throughout the year, and especially during the holiday season, we focused on improving our execution to deliver a positive and memorable shopping experience to our customers”.

For the full 2015, the operating earnings were 378 million dollar, approximately duble 191 millions of 2014 fiscal year. However, the toy company reported a net loss of 130 millions, figure which is shorter than the 2014 loss, of 292 million dollar.

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