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07-25-2017, 04:07 PM | #1 |
Cobra Lab Rat
Join Date: Sep 2013
Location: California
Posts: 3,046
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Not gonna beat a dead horse, but I remember saying Hasbro's strategy was unsustainable for thee toy lines, well here you go. Proof that sales are stalling.
Hasbro (HAS) Stock Price, Financials and News | Fortune 500 Hasbro Shares Fall 10% on Weak Easy-Bake Sales | Fortune.com Hasbro Shares Hit After Hollywood-Related Toy Sales Disappoint | Deadline *edit: You know what? READ THE PRIMARY SOURCE. If I see one more person say "BECAUSE JTA said it" and not quote the Fortune article, I will be extremely pissed off. ---------------- FROM FORTUNE ARTICLE DAMMIT. "The company also saw sluggishness in its group that includes Star Wars and Marvel products, with sales up only 1%." (That's terrible growth. New product not selling or old product not selling, either way bad.) "Star Wars: The Last Jedi" film is expected to help fuel results in the second half of the year." (Wait for next movie to surge sales. So they are reliant on Star Wars for Sales Growth.) "Hasbro (has) suffered its largest share drop in nearly two years on Monday after the toymaker said sales of its Easy-Bake, Playskool and Super Soaker brands plummeted in the second quarter.." (Largest stock drop in two years due to anemic sales. So the sales figures are not normal, they are INDEED below normal. Also super soakers hmmm, another sore point from their previous customers. Not really surprising) -------------------------------------- --------------------- By the way, Supersoakers have a similar epic fail non sustainable market story as their fans can tell you on isoaker, their fan page. History of the Super Soaker :: :: iSoaker.com Princess merchandise is doing well I guess. . .. Last edited by Snakeeyesisposh; 07-26-2017 at 04:18 AM.. |
07-25-2017, 08:48 PM | #2 |
I LIVE!
Join Date: Oct 2003
Location: Altus, OK
Posts: 6,087
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You clearly didn't read a damn thing aside from the headlines. Hasbro had a FANTASTIC quarter. Franchise brands were up, partner brands were soft, but still positive (likely due as much to decline of brands like Trolls and lack of major rollout from Star Wars). The "weak point" was emerging brands like Easy Bake and Baby Alive, none of which are representative of the "strategies" that fans of lines like Star Wars and GI Joe complain about.
The JTA article is even worse, clearly showing somebody DIDN'T READ THE DAMN INVESTOR REPORT. They saw a 14% decrease in ONE SEGMENT of their earnings, offset by major gains in Franchise and a slight gain in Partner Brands. That was just insultingly bad reporting for a fan site. This isn't even "bias", it's outright incorrect reporting on JTA's part
__________________
Quote:
Originally Posted by TheRealDubya
Any sort of panic at this stage is just pure unsubstantiated reptile brain stem fear.
Quote:
Originally Posted by SmokePants
This is why companies are secretive -- because we all want the truth, but most of us cannot handle it.
Last edited by Steevy Maximus; 07-25-2017 at 08:55 PM.. |
07-25-2017, 09:39 PM | #3 |
Crimson Nerd
Join Date: Dec 2008
Location: Virginia
Posts: 12,579
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Quote:
I would add that Star Wars had it's 40th anniversary rollout in the quarter described...a rollout that was barely supported by retailers at all due to the massive amount of peg-glut Star Wars is currently suffering from (something that doesn't get brought up in the quarterly reports because as far as Hasbro is concerned that product is already sold). There's going to have to be some HUGE clearances at many retailers if they're going to have any space at all for The Last Jedi products, and even then they're likely going to be ordering a lot less than they did for Rogue One and TFA. Last edited by Jmacq1; 07-25-2017 at 09:42 PM.. |
07-26-2017, 03:08 AM | #4 |
Cobra Lab Rat
Join Date: Sep 2013
Location: California
Posts: 3,046
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Quote:
The JTA article is even worse, clearly showing somebody DIDN'T READ THE DAMN INVESTOR REPORT. They saw a 14% decrease in ONE SEGMENT of their earnings, offset by major gains in Franchise and a slight gain in Partner Brands. That was just insultingly bad reporting for a fan site.
This isn't even "bias", it's outright incorrect reporting on JTA's part Why don't you Ctrl F these quotes in the Fortune article. I even left my thought process so you can see WHAT I THOUGHT. ------------------------------ ----------------- "The company also saw sluggishness in its group that includes Star Wars and Marvel products, with sales up only 1%." (That's terrible growth. New product not selling or old product not selling, either way bad.) "Star Wars: The Last Jedi" film is expected to help fuel results in the second half of the year." (Wait for next movie to surge sales. So they are reliant on Star Wars for Sales Growth.) "Hasbro (has) suffered its largest share drop in nearly two years on Monday after the toymaker said sales of its Easy-Bake, Playskool and Super Soaker brands plummeted in the second quarter.." (Largest stock drop in two years due to anemic sales. So the sales figures are not normal, they are INDEED below normal. Also super soakers hmmm, another sore point from their previous customers. Not really surprising) -------------------------------------- Did I SAY anything that Wasn't in the article? I say again, did I SAY ANYTHING that was BIASED? THAT WASN'T THERE? |
07-26-2017, 03:17 AM | #5 |
Cobra Lab Rat
Join Date: Sep 2013
Location: California
Posts: 3,046
|
You know what, accuse me of not reading the report after you find any ACTUAL proof that I didn't read it next time.
It's barely 13-9 sentences, why would I not read the fortune article? |
07-26-2017, 03:27 AM | #6 |
Hisstank.Com General
Join Date: Jun 2008
Location: PA
Posts: 10,816
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JTA reports their bias first and the facts second. When every Target and Gamestop were flooded with 40th Leias a month ago they still insisted they weren't shipping in solid cases because that's what their "source" had told them weeks before. Then they finally decided to change their report days after everyone in their comments had said they didn't know what they were talking about.
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07-26-2017, 03:55 AM | #7 |
Cobra Lab Rat
Join Date: Sep 2013
Location: California
Posts: 3,046
|
Quote:
JTA reports their bias first and the facts second. When every Target and Gamestop were flooded with 40th Leias a month ago they still insisted they weren't shipping in solid cases because that's what their "source" had told them weeks before. Then they finally decided to change their report days after everyone in their comments had said they didn't know what they were talking about.
Why isn't anyone reading the primary Fortune article? The hell is going on? Should I EDIT IT OUT? *edit: Okay you know what? Apparently no one is actually reading the Fortune article. I'm just gonna post the points in the Fortune article in the primary post and leave. I'm not thinking too clearly, too angry. --------------- That "BIAS" accusation really ruined my day by the way. OH I so stupid I wouldn't even read a short primary source article on Fortune. So insulting. Last edited by Snakeeyesisposh; 07-26-2017 at 04:09 AM.. |
07-26-2017, 06:57 AM | #8 |
Cobra Viper
Join Date: Apr 2007
Location: Somwhere
Posts: 254
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Hasbro is never going to do your stupid preorder nonsense model.
Get over it. |
07-26-2017, 08:54 AM | #9 |
Crimson Guard
Join Date: Nov 2007
Posts: 2,460
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How the hell is Easy Bake an emerging property? That thing's older than I am.
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07-26-2017, 10:14 AM | #10 |
I LIVE!
Join Date: Oct 2003
Location: Altus, OK
Posts: 6,087
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Quote:
I still think a lot of this "doom and gloom" (in terms of the stock drop) was chicken-littling on the part of investors. Though, the Deadline report indicated some of the weak performance on Partner brands was the result of "stock clearing" (i.e., they are spending money to clear aging inventory, probably most of that on Star Wars. Though, I've seen a BUTT TON of Yokai Watch popping up at Dollar Tree and other discount outlets). I don't disagree there are some issues (especially in terms of Star Wars), but I think the stock is taking an excessive hit by short term thinking on investors part. Quote:
GI Joe is currently classified as an Emerging Property (part of the same "challenger" category that Easy Bake and Baby Alive sit). Meaning they still believe the brand has potential to become a "Franchise Brand" with investment and time. MASK, Micronauts (and most of the "Hasbro Extended Universe"), Stretch Armstrong and Hana Zuki are under Emerging Property as "new/in-development". Which also might be why Joe dropped its "Brand Manager" position: it might have gotten rolled into a broader category manager.
__________________
Quote:
Originally Posted by TheRealDubya
Any sort of panic at this stage is just pure unsubstantiated reptile brain stem fear.
Quote:
Originally Posted by SmokePants
This is why companies are secretive -- because we all want the truth, but most of us cannot handle it.
Last edited by Steevy Maximus; 07-26-2017 at 10:20 AM.. |
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