Better Q2 for Hasbro

Transformers, GI Joe and Nerf all boost toy company.
Publish date:

Hasbro has reported an increase in sales of one per cent to $792.2 million, compared to $784.3 million a year ago.

Excluding the negative $44.5 million impact of foreign exchange, net sales increased seven per cent.

Net profit for the period increased to $39.3 million, or 26 cents per share, from $37.5 million or 25 cents per share in 2008.

The second quarter results include a six cents per share dilutive impact from Hasbro’s investment in its joint venture with Discovery Communications.

To read the full story on sister site ToyNews, click here.


Featured Jobs

Rainbow logo landscape_home of classic Final

Product Manager

Rainbow Designs Ltd I Olympia, London I Salary: Competitive I Date Published Wednesday 16th January 2019