Topps sportscards sales actually increased.
ndleo
Posts: 4,143 ✭✭✭✭✭
Even though Topps lost money last qtr, sportscards sales actually increased 10%. Hopefully this is a good sign for the future of the hobby. 2006 football is going to be huge.
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From their earning release:
Sales of U.S. sports cards increased significantly due to strong football card sales, which the Company believes is the result of fewer competitors in the sports card business, a compelling promotional campaign surrounding the Company's 50th anniversary marketing football products and an exciting rookie class. Gains in U.S. sports cards sales were achieved in the period despite the fact that shipments of new season baseball products were delayed as a result of the Company's recently signed agreement with Major League Baseball Players' Association ("MLBPA") and Major League Baseball Properties ("MLBP").
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From their earning release:
Sales of U.S. sports cards increased significantly due to strong football card sales, which the Company believes is the result of fewer competitors in the sports card business, a compelling promotional campaign surrounding the Company's 50th anniversary marketing football products and an exciting rookie class. Gains in U.S. sports cards sales were achieved in the period despite the fact that shipments of new season baseball products were delayed as a result of the Company's recently signed agreement with Major League Baseball Players' Association ("MLBPA") and Major League Baseball Properties ("MLBP").
Mike
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