Tag Archives: toys

VEEV Stock Toys With The No. 1 Sell Rule Despite Its Quarterly Beat

Veeva Systems (VEEV) handily beat second-quarter forecasts Wednesday and crushed guidance estimates, but VEEV stock tumbled in after-hours action.




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During the second quarter, Veeva earned 94 cents per share on $455.6 million in sales. Earnings popped nearly 31% year over year and topped FactSet’s forecast by 7 cents. Sales advanced 29% vs. the year-earlier period and beat VEEV stock analysts’ view for $452 million.

But in after-hours trading on the stock market today, VEEV stock toppled 9.5% near 302. During the regular session, shares rose 0.6% to 333.82.

VEEV Stock Falls Despite Beat

Chief Executive Peter Gassner called it a “great quarter” for Veeva. Subscription sales for the medical software giant also jumped 29% year over year to $366.4 million.

For the fiscal 2022 year, Veeva guided to adjusted income of $3.57 per share. VEEV stock analysts called for adjusted profit of $3.50 a share. The company also expects $1.83 billion to $1.835 billion in sales, above forecasts for $1.82 billion.

Veeva shares have a strong Composite Rating of 93 out of a best-possible 99, according to IBD Digital. This puts VEEV stock in the leading 7% of all stocks in terms of fundamental and technical growth measures.

But, if the after-hours action holds, it would put shares dangerously close to a sell zone. Shares topped a buy point at 325.64 out of a cup base in mid-July, according to MarketSmith.com. Investors are encouraged to cut their losses when a stock falls 7%-8% below a buy point. For VEEV stock, that runs from 299.59-302.85.

Follow Allison Gatlin on Twitter at @IBD_AGatlin.

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Shang-Chi Marvel Hot Toys Figures Pics: Simu Liu, Tony Leung

Image: Marvel/Hot Toys

Here’s the one weird thing about Hot Toys toys: While the face sculpts are so accurate that people (mostly me) have speculated that dark magic is involved, they’re sculpted with completely neutral expressions. That’s fine most of the time because they’re made as collector’s items, not toys to be played with. But if you want to pose two figures together in, say, a fight scene, it’s incredibly odd to see two people who are supposed to be in some sort of emotional state have completely blank looks on their faces. Shang-Chi and Wenwu’s bodies and limbs are in the fight of their lives, but their heads are wondering what’s for dinner.


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Photos Of Animal Crossing: New Horizons Monopoly Surface Online

via Reddit

It seems like there’s a monopoly game for just about every franchise nowadays, but one theme we haven’t seen yet is Animal Crossing. Or so we thought…

Over on the Animal Crossing subreddit, user calysunflower has been posting photos of Animal Crossing: New Horizons Monopoly. If this is the real deal, we must admit, it looks a bit sad – you get four avatars, tokens, and a lot of cardboard. Some villagers would have been nice.

There’s no official announcement from Hasbro just yet, but a few online retailers have started to list the product – which suggests we’ll be hearing more soon. What do you think of this yourself? Leave a comment down below.



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More Kids Are Swallowing Magnet Toys After Ban Lifted

A 2013 photo of “Buckyballs,” a common magnetic toy product that could cause serious harm when ingested by children.
Photo: Carolyn Kaster (AP)

Recent research provides a clear example of the dangers of deregulation. The study found that poison center cells involving children swallowing high-powered magnets went up substantially after 2017 in the U.S., following the reversal of a ban on these products enacted years earlier.

The high-powered magnets (10 to 30 times more powerful than the typical version) are sourced from rare earth metals and started to show up in children’s toys as well as adult-marketed products like desk toys around the early 2000s. Of course, any small object can be potentially dangerous for children, who tend to put things in their mouths and could swallow or choke on them. But when more than one of these magnets are swallowed (or a magnet and another piece of metal), the powerful pull between them can damage or cause obstructions in the gut. In the worst cases, victims have died or needed emergency surgery to remove parts of their intestines.

In 2012, the Consumer Product Safety Commission began to crack down on the sale of these magnets in toys through voluntary recalls. By 2014, a new federal rule essentially banned them from the market. In late 2016, however, the U.S. Court of Appeals struck down the rule, and the magnets were once again widely available by 2018.

This research, published in the Journal of Pediatrics in late January, studied how the policy changes might have affected the prevalence of these injuries. They analyzed national poison control data from 2008 to 2019, looking specifically at calls that involved children under the age of 19 who swallowed magnets.

In total, there were just over 5,700 magnet-related calls over that time period. Compared to the period of 2008 to 2011, the average number of these calls per year from 2012 to 2017 declined by 33%. But once the magnets returned, the calls skyrocketed. In 2018 and 2019, the average number of calls per year rose by 444% compared to the period when the magnets were banned. The number of calls that merited serious medical attention, such as hospitalization, also rose by 355%. What’s more, 39% of all magnet-related calls in the study occurred in those two years alone.

Poison control calls don’t account for every serious injury that happens in the U.S., so the study’s conclusions aren’t necessarily representative of how dangerous these magnets are. But other recent research has shown a similar pattern using reliable injury data. A study published in December 2020, for instance, found that the rate of magnet-related visits to the ER among children rose by 82% from 2017 to 2019, compared to the years 2013 to 2016. Another study in 2017 found that at least 15,000 children in the U.S. went to the ER between 2010 and 2015 with magnet-related injuries, but the cases began to drop following the CSPC’s actions in 2012.

While at least one company has recently pledged to stop making products with high-powered magnets after a lengthy legal battle with the CSPC, the researchers warn that far-reaching changes will be needed to really address the problem. In the current study, for instance, the rate of these poison control calls increased for older children as well. Teens might not swallow these magnets intentionally as often as small kids do, but they can still ingest them accidentally when using them as fake tongue or lip piercings.

“These results reflect the increased need for preventative or legislative efforts,” the study authors wrote.

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Lego sales soared in 2020, helped by e-commerce and China growth

A boy selects a boxed Lego A/S toy at an E-Mart Co. store, a subsidiary of Shinsegae Co., in Incheon, South Korea, on Saturday, Dec. 21, 2013.

Bloomberg | Getty Images

There’s no doubt that the Lego brand has benefited from people spending more time at home during the pandemic, but the company is winning new business in China as well.

Lego said Wednesday that its consumer sales jumped 21% last year, the result of a broader product range, e-commerce investments paying off and a surge of growth in China.

“It is really a result of a tremendous effort by the entire organization, especially with all the things we’ve had to cope with throughout the year,” CEO Niels Christiansen told CNBC.

Due to the pandemic, Lego was forced to close manufacturing sites in Mexico and China, temporarily shutter some retail locations and saw its distribution costs rise as shipping became more expensive.

Despite these headwinds, the privately held Danish toymaker reported revenue for the year that topped 43.7 billion Danish krone, or about US$6.99 billion, up 13% compared with 2019.

Top-sellers ranged from classic Lego sets to themed product from Nintendo’s Super Mario and Disney’s Star Wars, Christiansen said.

“Our research does show that more families are building together,” he said.

While the pandemic may have encouraged consumers to buy more Lego sets to pass the time in lockdown, Christiansen said, it’s not the only reason sales were so strong during the year. The company is reaping the benefits of investments in its e-commerce business and new markets.

The number of visits to Lego.com last year doubled from the year prior, as many of Lego’s physical stores were forced to temporarily close. Customers had already been gravitating more to online shopping, but the coronavirus outbreak has accelerated the trends and it likely won’t be reversed.

“I’m not sure it’s going to go back,” Christiansen said.

A unique play experience that combines the open creative play of LEGO building toys for kids with an augmented reality app.

LEGO

Lego is ramping up recruitment for its digital and tech teams, Christiansen said. The company ultimately wants to be able to develop products at a faster pace and create platforms to house Lego content and for integrated play.

Still, traditional stores remain a key part of the brand’s strategy. In recent years, the toymaker has made a push into the Chinese market, opening dozens of physical locations.

While Lego has been part of the culture in other regions like the U.K. and the United States, parents in China did not grow up with the iconic colored blocks. And so, having places where kids can go and get their hands on the bricks and see the sets that can be built has been a boon to sales.

“Kids get to see what Lego is and play with it,” Christiansen said. “It’s a brand built on the physical.”

In 2020, Lego opened 134 retail locations, 91 of which were in China. The company currently has 678 Lego branded stores globally and has plans to add another 120, including 80 in China. The aim is to have around 300 Lego stores in China by the end of 2021.

China is already one of the company’s best markets, boasting double-digit growth in the last year.

Christiansen noted that sustaining the strong growth of 2020 won’t be easy, but that the company is well-positioned to continue being a dominant force in the global toy industry.

“I wouldn’t bet on 21% again, but what I do think is if we continue our long-term investments, then I believe we have the chance to outperform the market and take share,” Christiansen said.

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Jakks Pacific Reveals Super Mario Bowser’s Airship Playset, Arriving This Fall

Take to the skies

If you’re a fan of Mario-themed merchandise and toys, you can’t go past Jakks Pacific’s Super Mario playsets. The toy brand has now revealed it will be expanding the existing line with this Bowser’s Airship Playset this Fall.

This set comes packaged with a 2.5 inch Mario figure and the airship features electronic music, spinning propellers, and rocking wheels. You’ll also be able to house all your Mario toys inside the ship.

Super Mario Bowser’s Airship Playset. Joining the #JAKKSToys and figures world this Fall! #MarioMonday #SuperMario

Would you have any interest in adding a Bowser’s Airship set to your Mario toy collection? Leave a comment down below.

[source twitter.com, via nintendoeverything.com]



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Shovel Knight toys headed to Arby’s

You’ve seen him in Smash Bros. You’ve seen him in Yooka-Laylee. Now, you can find Shovel Knight with a side of horsey sauce.

It looks like Arby’s will soon have kids meals toys featuring Shovel Knight, according to the official menu on Arby’s website.

 

 

The only info on the site is a picture of a chicken tenders meal with the Shovel Knight logo, but we will most likely have more info soon.

It’s pretty incredible to see an indie project get so much love that it ends up as a toy in a national fast food chain, and if anyone deserves it, it’s Shovel Knight!

Strike the Earth, and get those meats!


Written by Bryan Finch

A video editor by trade, Bryan Finch is a lifetime Nintendo fan, and he loves writing about his passions. He also spends too much time playing and watching fighting games. Bryan enjoys​​ movies, comics, cooking with his wife, and the idea of Elite Beat Agents 2.

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