Dallas, Texas 07/15/2015 (Financialstrend) – LeapFrog Enterprises, Inc. (NYSE:LF) has unveiled three set of toys as it moves to affirm its position as the most positive brand with moms with kids between the ages of three and five. Number Lovin Oven, Scouts Build & Discover Tool Set and Word Whammer are the company’s new products that adds to an exciting collection of toys designed with a view of encouraging skill exploration and imagination in kids
Toys for Learning
LeapFrog Enterprises, Inc. (NYSE:LF) expects the new set of toys to enhance the learning experience in kids through exploration and imagination. The toys should also be of great help in enhancing pretend play experiences in teaching math and measurement.
Wood Whammer is a unique action-packed phonics game that LeapFrog Enterprises, Inc. (NYSE:LF) believes should help prepare kids for kindergarten in a fun and interesting way. The toy adds to a list of collection designed by development experts to teach important school-readiness skills like counting and spelling
Lovin Oven and Scouts Build & Discover Tool Set should provide kids with a perfect platform for having early exposure to characters in an environment they can relate with. The toy is unique in a way as it talks sings and gets number skills through 30 plus songs
Summer Learning Program
LeapFrog Enterprises, Inc. (NYSE:LF) has been aggressive in innovating new products that it maintains are more than enough in keeping kids engaged while learning at the same time. The company has already unveiled a free eight-week Summer Camp program that it hopes will keep kids learning all summer long. The Summer Camp program provides access to free, fun and educational material that kids can relate to even when the summer moods set in.
The stock has however been an underperformer in the market, BMO Capital having already lowered its price target from $8 to $4. The downgrade came on LeapFrog Enterprises, Inc. (NYSE:LF) posting a dismal showing in the fourth quarter with revenues dropping to $33.9 million from a high of $56.9 million for the same period last year.