Student of Value

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Toys and Treasures: A 20-Year Review of Jumbo SA

Toys and Treasures: A 20-Year Review of Jumbo SA

"Toys and play are the preludes to serious ideas."

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Student
Mar 06, 2023
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Toys and Treasures: A 20-Year Review of Jumbo SA
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Jumbo (BELA on ATSE) is the largest toy store chain in Greece. It was founded 36 years ago, became public 10 years after, and 13 years ago joined the FTSE/Athex 20 index - the main Greek stock market benchmark.

I first looked at it in 2012, following the European debt crisis, and wrote a post about it in 2013, when this blog was young.

Student of Value
Jumbo 2002-2012
The Company Jumbo is the largest toy store chain in Greece. It manufactures (mostly imports - 70% of its stock from China) and sells toys, prams, baby/children's clothes and other accessories. The company has 51 stores in Greece, 3 in Cyprus, and 8 in Bulgaria. As a toys retailer, Jumbo's business is seasonal with strongest sales during Christmas (28…
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12 years ago · Student

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