Hasbro Reports Third-Quarter Earnings of $1.09 Per Share

Hasbro Inc (HAS) reported third-quarter earnings of $1.09 per share, compared with 99 cents per share a year earlier.

Net revenue rose 3% to $1.31 billion, the toymaker said in a statement. Absent the negative impact of foreign exchange movements, and revenue was up 4%.

Sponsored Links
The company saw growth in its preschool, boys and games & puzzles categories.

"Innovation across Hasbro's portfolio of world class brands, backed by continued strong execution from our teams globally, drove the third quarter performance," CEO Brian Goldner said.

Hasbro repurchased a total of 6.1 million shares of common stock in the third quarter, at an average price of $42.39 per share. So far this year, the company has spent $629.2 million on share repurchases.
Read Full Story

Markets

NASDAQ 6,856.29 65.58 0.97%
S&P 500 2,598.29 16.15 0.63%
DJIA 23,599.02 168.69 0.72%
NIKKEI 225 22,416.48 154.72 0.69%
HANG SENG 29,818.07 557.76 1.91%
DAX 13,176.16 117.50 0.90%
USD (per EUR) 1.17 0.00 0.05%
USD (per CHF) 0.99 0.00 -0.14%
JPY (per USD) 112.42 -0.12 -0.11%
GBP (per USD) 1.32 0.00 -0.07%

Can't get enough business news?

Sign up for Finance Report by AOL and get everything from retailer news to the latest IPOs delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.