Toy Stocks; Hasbro (HAS) Gains on Financial Results for the Second
Quarter 2015
Point Roberts WA, New York, NY - Investorideas.com,
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
Read this release in full at http://www.investorideas.com/news/2015/toy/07201.asp
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 www.hasbro.com
and follow us on Twitter (@Hasbro & @HasbroNews).
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