Net income was $23,372,000 in the first quarter ended Apr. 3, up from $421,000 last year, as consolidated revenues rose 55% to $166,618,000 against $107,282,000. The improvement was driven largely by the sports & entertainment collectibles segment, where sales more than doubled to $103.2 million driving EBITDA up 373% to $32.0 million. Physical and digital collectibles sales grew 102% and 111%, respectively. Confections segment sales increased 11% to $63.5 million, resulting in EBITDA of $10.7 million, down 5%. Consolidated gross margin was up 200 basis points to 39.4% helped by more e-commerce sales of collectibles, partially offset by increased freight ... Log in to view full article.