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Aaron Spatz is the writer of SEC Live Filings Digest, detailing the news of companies trading on U.S. stock exchanges. The Filings Digest is but one component of the greater website SEC Live, which specializes in making SEC filings easy to read, research, navigate, and much more.
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  • Hasbro Meets And Misses Expectations 0 comments
    Jul 21, 2014 11:04 AM | about stocks: HAS

    Originally published at

    Hasbro Inc. (NASDAQ:HAS) announced its financial results for the second fiscal quarter of 2014, detailing that results that met and missed analyst predictions. The toy company saw earnings dip from $36.5M and $0.28 per share last year to $33.5M and $0.26 per share. Excluding special charges, adjusted earnings of $0.36 per share were in line with analyst expectations. Net revenue jumped 8% from $766.3M last year to $829.3M, missing analyst expectations at $839.0M. The company's boys and girls product segments saw measured growth, but were offset by declines in the games and preschool product segments. Hasbro's entertainment and licensing segment jumped 35% to $47.7M while international revenues improved 17% to $396.M. President and CEO Brian Goldner remarked that the company's performance during the quarter reflects positively on its growth strategy.

    Disclosure: The author has no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Stocks: HAS
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