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Monday, July 20, 2015

Toy Stocks; Hasbro (HAS) Gains on Financial Results for the Second Quarter 2015

Toy Stocks; Hasbro (HAS) Gains on Financial Results for the Second Quarter 2015

Point Roberts WA, New York, NY -, a global news source covering leading sectors including toy stocks reports on Hasbro (HAS). The Company reported financial results for the second quarter 2015. Net revenues for the second quarter 2015 decreased 4% to $797.7 million versus $829.3 million in 2014. Excluding a negative $71.5 million impact from foreign exchange, net revenues increased 5%.

The stock is trading at up at $82.65, gaining $ 4.40(5.62%) as of this report.

• Second quarter 2015 revenues of $797.7 million; Absent a negative $71.5 million impact of foreign exchange, second quarter 2015 revenues grew 5%;
• U.S. and Canada segment revenues up 1%; International segment revenues increased 9% absent foreign exchange; Entertainment and Licensing segment revenues flat year-over-year;
• Preschool and Boys category revenues increased in the quarter; Absent the negative impact of foreign exchange, five of seven Franchise Brands grew in the quarter;
• Net earnings of $41.8 million or $0.33 per diluted share;
• $858 million of cash at quarter end; Returned $79.0 million to shareholders through dividend and share repurchase

About Hasbro
Hasbro (HAS) is a global company committed to Creating the World's Best Play Experiences, by leveraging its beloved brands, including LITTLEST PET SHOP, MAGIC: THE GATHERING, MONOPOLY, MY LITTLE PONY, NERF, PLAY-DOH and TRANSFORMERS, and premier partner brands. From toys and games, television programming, motion pictures, digital gaming and lifestyle licensing, Hasbro fulfills the fundamental need for play and connection with children and families around the world. The Company's Hasbro Studios and its film label, ALLSPARK PICTURES, create entertainment brand-driven storytelling across mediums, including television, film, digital and more. Through the company's commitment to corporate social responsibility, including philanthropy, Hasbro is helping to build a safe and sustainable world and to positively impact the lives of millions of children and families. Learn more at and follow us on Twitter (@Hasbro & @HasbroNews). newswire is a global recognized news source. We publish original content, third party investment commentary, contributor articles, company news and press releases in leading sectors.
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