SRM Entertainment’s Provides Update on Trade Related Market Conditions
SRM Entertainment (NASDAQ: SRM) has provided an update on its trade-related market conditions, highlighting its resilient business model. The company's manufacturing operations in China feature a 'pass title' arrangement where customers assume responsibility for shipping, tariffs, and duties. SRM maintains $800,000 worth of inventory in the United States, including proprietary products like plush toys, backpack clips, drinkware, and the licensed Smurfs collectible line.
The company serves diverse entertainment sectors including theme parks, retail, e-commerce, and media. SRM reports continued product re-orders from major theme park customers, with international clients being unaffected by U.S. import tariffs. The company is actively exploring manufacturing expansion into new countries and domestic USA-based solutions to maintain competitive pricing and supply chain efficiency.
SRM Entertainment (NASDAQ: SRM) ha fornito un aggiornamento sulle condizioni di mercato legate al commercio, evidenziando il suo modello di business resiliente. Le operazioni di produzione dell'azienda in Cina prevedono un accordo di "pass title", in cui i clienti si assumono la responsabilità per spedizioni, tariffe e dazi. SRM mantiene un inventario del valore di 800.000 dollari negli Stati Uniti, comprendente prodotti proprietari come peluche, clip per zaini, articoli per bevande e la linea di collezionabili autorizzati dei Puffi.
L'azienda serve diversi settori dell'intrattenimento, tra cui parchi a tema, retail, e-commerce e media. SRM segnala continue riordinazioni di prodotti da parte dei principali clienti dei parchi a tema, con i clienti internazionali non influenzati dai dazi all'importazione USA. L'azienda sta esplorando attivamente l'espansione della produzione in nuovi Paesi e soluzioni basate negli USA per mantenere prezzi competitivi ed efficienza nella catena di approvvigionamento.
SRM Entertainment (NASDAQ: SRM) ha proporcionado una actualización sobre las condiciones del mercado relacionadas con el comercio, destacando su modelo de negocio resistente. Las operaciones de fabricación de la empresa en China cuentan con un acuerdo de "pass title", donde los clientes asumen la responsabilidad de los envíos, aranceles e impuestos. SRM mantiene un inventario valorado en 800,000 dólares en Estados Unidos, que incluye productos propios como peluches, clips para mochilas, artículos para bebidas y la línea de coleccionables licenciados de Los Pitufos.
La compañía atiende a diversos sectores del entretenimiento, incluyendo parques temáticos, retail, comercio electrónico y medios. SRM reporta pedidos continuos de productos por parte de sus principales clientes en parques temáticos, con clientes internacionales que no se ven afectados por los aranceles de importación de EE.UU. La empresa está explorando activamente la expansión de la fabricación en nuevos países y soluciones basadas en EE.UU. para mantener precios competitivos y eficiencia en la cadena de suministro.
SRM Entertainment (NASDAQ: SRM)는 무역 관련 시장 상황에 대한 최신 정보를 제공하며 견고한 비즈니스 모델을 강조했습니다. 중국에 위치한 회사의 제조 운영은 고객이 배송, 관세 및 세금을 책임지는 '패스 타이틀(pass title)' 방식을 채택하고 있습니다. SRM은 미국에 80만 달러 상당의 재고를 보유하고 있으며, 자체 제품인 봉제 인형, 백팩 클립, 음료 용품과 라이선스가 부여된 스머프 수집품 라인이 포함되어 있습니다.
회사는 테마파크, 소매, 전자상거래, 미디어 등 다양한 엔터테인먼트 분야에 서비스를 제공합니다. SRM은 주요 테마파크 고객들로부터 지속적인 제품 재주문을 받고 있으며, 국제 고객들은 미국 수입 관세의 영향을 받지 않고 있습니다. 회사는 경쟁력 있는 가격과 공급망 효율성을 유지하기 위해 새로운 국가로 제조 확장과 미국 내 제조 솔루션을 적극적으로 모색하고 있습니다.
SRM Entertainment (NASDAQ : SRM) a fourni une mise à jour sur les conditions du marché liées au commerce, mettant en avant son modèle d'affaires résilient. Les opérations de fabrication de l'entreprise en Chine reposent sur un accord de « pass title » où les clients prennent en charge l'expédition, les tarifs et les droits de douane. SRM maintient un stock d'une valeur de 800 000 dollars aux États-Unis, incluant des produits propriétaires tels que des peluches, des clips pour sacs à dos, des articles pour boissons et la gamme de collection sous licence Les Schtroumpfs.
L'entreprise dessert divers secteurs du divertissement, notamment les parcs à thème, la vente au détail, le commerce électronique et les médias. SRM rapporte des réassorts continus de produits de la part de ses principaux clients dans les parcs à thème, les clients internationaux n'étant pas affectés par les droits d'importation américains. L'entreprise explore activement l'expansion de la fabrication dans de nouveaux pays ainsi que des solutions basées aux États-Unis afin de maintenir des prix compétitifs et une chaîne d'approvisionnement efficace.
SRM Entertainment (NASDAQ: SRM) hat ein Update zu den handelsbezogenen Marktbedingungen gegeben und dabei sein widerstandsfähiges Geschäftsmodell hervorgehoben. Die Fertigungsaktivitäten des Unternehmens in China basieren auf einem "Pass-Title"-Modell, bei dem die Kunden die Verantwortung für Versand, Zölle und Abgaben übernehmen. SRM hält einen Lagerbestand im Wert von 800.000 US-Dollar in den Vereinigten Staaten, einschließlich eigener Produkte wie Plüschtiere, Rucksackclips, Trinkgefäße und der lizenzierten Schlümpfe-Sammelserie.
Das Unternehmen bedient verschiedene Unterhaltungssektoren, darunter Freizeitparks, Einzelhandel, E-Commerce und Medien. SRM meldet fortlaufende Nachbestellungen von Hauptkunden aus Freizeitparks, wobei internationale Kunden von US-Importzöllen nicht betroffen sind. Das Unternehmen prüft aktiv die Erweiterung der Fertigung in neue Länder sowie in den USA ansässige Lösungen, um wettbewerbsfähige Preise und eine effiziente Lieferkette zu gewährleisten.
- Pass-through business model protects from tariff impacts
- $800,000 U.S. inventory buffer against supply chain disruptions
- Continued product re-orders from major theme park customers
- Diversified customer base across multiple entertainment sectors
- International theme park customers unaffected by U.S. tariffs
- Heavy reliance on Chinese manufacturing
- Potential exposure to trade-related disruptions despite mitigation efforts
Winter Park, FL, April 16, 2025 (GLOBE NEWSWIRE) -- SRM Entertainment, Inc. (Nasdaq: SRM) SRM Entertainment maintains a favorable business model for current trade conditions. SRM manufactures products in China and more importantly SRM “passes title” of our products to our largest customers in China. Shipping, tariffs and other duty related expenses are the responsibility of our customers. This business model provides SRM with the ability to mitigate changing trade conditions. In addition, SRM carries inventory of our proprietary products in the United States of approximately
SRM services a diversified customer base across multiple entertainment sectors, including theme parks, retail, e-commerce, and media. This should help SRM manage any trade related disruptions. The Company's strategic focus on building a high quality and geographically diverse supply chain underscores its commitment to long-term stability and profitability in the face of shifting global economic trade policies.
SRM continues to drive positive results as we continue to receive product re-orders from our largest theme park customers, demonstrating the enduring popularity and demand for our high-quality themed merchandise. In addition, SRM international theme park customers are not impacted by tariffs on imports into the United States.
SRM is utilizing proactive strategies to mitigate the impact of trade related tariffs, ensuring continued strong operations and high-quality product delivery to its valued customers. SRM is continuing efforts to expand manufacturing capacity into new countries in addition to seeking domestic USA based cost effective manufacturing solutions to maintain product quality, competitive pricing and supply chain efficiencies.
"SRM is confident in our ability to maintain and develop strong customer relationships in this rapidly evolving trade and tariff landscape." said Rich Miller, CEO of SRM Entertainment. "Our domestic inventory position for our retailers and Amazon products provide us with needed flexibility, plus the Smurfs movie starring pop superstar Rihanna is being released this July and we already have officially licensed Smurfs collectible Sip with Me kids cups in the USA ready to go.”
About SRM Entertainment, Inc.
SRM Entertainment designs, develops, and manufactures custom merchandise which includes toys and souvenirs for the world's largest theme parks and other entertainment venues. Many of SRM’s creative products are based on award winning multi-billion-dollar entertainment franchises that are featured in popular movies and books. SRM products are distributed worldwide at Walt Disney Parks and Resorts, Universal Parks and Destinations, United Parks and Resorts – SeaWorld, Six Flags and other attractions. SRM’s products are offered alongside popular rides and attractions in theme parks, zoos, aquariums, and other entertainment venues. SRM’s design team developed specialty dolls, plush and toys for one of New York City’s landmarks that features a popular holiday show. SRM’s design team is credited with creating popular products which have been successfully sold at specialty theme park events. SRM’s exclusive-patented Sip With Me cups feature fun, kid friendly Zoo, Sea and animal themed characters as well as licensed characters from Smurfs, ICEE and Zoonicorn.
Caution Regarding Forward-Looking Statements
Certain statements in this announcement are forward-looking statements. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “is/are likely to,” “potential,” “continue” or other similar expressions. These statements are subject to uncertainties and risks including, but not limited to, the risk factors discussed in the “Risk Factors” section of the Company’s filings with the SEC. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results are discussed in the Company's filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations that arise after the date hereof, except as may be required by law. The current global tariff environment is uncertain. For products manufactured outside the U.S., tariffs increase the cost of our products. Most of our products are produced in China, and tariffs may impact our sales and reduce our profitability as a result. Tariffs may also impact consumer spending if products become more expensive, or consumers have less discretionary income or consumer spending power. The current tariff environment, particularly the imposition or threat of tariffs on products manufactured in China for import into the U.S. as well the potential for retaliatory and reciprocal tariffs in other countries in which we do business, may negatively impact our business, sales and profitability. While our contracts currently require our customers to cover tariffs and other fees, further increases in tariffs may increase the costs of our products. We cannot assure you that we will be able to successfully implement actions to lessen the impact of tariffs imposed on our products, including any changes to our supply chain, logistics capabilities, sales policies or pricing of our products.
Media and Investor Relations
Info@SRMentertainment.com
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website: SRMentertainment.com
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