New Hatchimals launch October 5 in time for the holidays

Just in time for the holiday season, Hatchimals is releasing the latest addition to its lineup, HatchiBabies, launching October 5. Hatchimals are egg-shaped toys that hatch to reveal a creature inside. HatchiBabies will be revealed as a boy or girl once they emerge from the egg. Hatchimals are on the "top toy" lists for the holidays at Target Corp. TGT, -0.75% And Hatchimals made the list of hot collectibles at Walmart Inc. WMT, +0.24% Toy sales were up for the first half of the year thanks to the liquidation of Toys 'R' Us, according to NPD Group data. Hatchimals is hosting a launch party in Los Angeles on October 5, which has been designated Hatchimals Day. HatchiBabies will have a manufacturer's suggested retail price (MSRP) of $59.99. Hatchimals are part of the Spin Master Corp. TOY, -1.34% portfolio of toys. Spin Master shares are down 2.1% for the year so far while the S&P 500 index SPX, -0.56% has rallied 8.3% for the period.

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