toy maker results

Hi everyone

Mattel last week beat estimates and their share price was up over 10%, and now Hasbro have just announced earnings that have beaten analyst expectations.

Hasbro highlights below -

Highlights
-- Net revenues of $784.3 million for the quarter, an increase of $92.9 million or 13% from a year ago, or an increase of 10% absent the impact of foreign exchange;
-- Net earnings of $37.5 million, or $0.25 per diluted share, compared to $4.8 million, or $0.03 per diluted share last year;
-- U.S. and Canada segment net revenues were up 11% and International segment net revenues were up 15%, or 6% excluding the impact of foreign exchange;
-- Growth driven by strong performances from STAR WARS, LITTLEST PET SHOP, PLAYSKOOL, EASY-BAKE OVEN, NERF, INDIANA JONES and board games, including MONOPOLY and TRIVIAL PURSUIT;
-- TRANSFORMERS and MARVEL continued to make significant contributions to net revenues.