rillr
About Guidelines Privacy Terms Log in Join Rillr
← Business
www.fastcompany.com · Aug 25

Lego has launched 330 new products so far this year, including ‘something for everyone’. It’s paying off

Lego Group continues to be a bright spot in a world marred by a cost-of-living crisis and limited excess spending. On Tuesday, August 25, the Danish toy company announced a 21% increase in revenue year-over-year (YOY) for the first half of 2026. The jump signified a record high for Lego, at 41.9 billion Danish kroner in revenue, about $6.54 billion. Lego also reported a 22% increase in operating profit YOY to DKK 10.9 billion, about $1.7 billion. It attributed the figure to “strong top-line growth, scale efficiencies and productivity efforts, while maintaining significant spending on strategic initiatives, such as sustainability.” Lego’s net profit also rose, growing 32% YOY to DKK 8.6 billion, around $1.3 billion. Play money Critically, at a time when many retail stores are experiencing reduced traffic, Lego’s consumer sales were up 22% YOY. Toys as a whole appear to be having a successful 2026. According to market research company Circana, the U.S. toy industry’s sales are up 17% YOY between January and June. It lists Lego Botanicals as the eighth best-selling toy for the period. Niels B Christiansen, CEO of Lego Group, attributed the successful earnings to a diverse slate that …

Visit article ↗ ▲ 0 💬 0
Discussion

0 comments

No comments yet. Start the discussion.