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07-21-2009, 07:43 AM | #1 |
Banned
Join Date: May 2007
Location: blasdell, ny near buffalo
Posts: 8,433
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In financial news, Hasbro has today posted their second quarter earnings and are reporting strong profits on the back of movie tie-in toys, namely Transformers Revenge of the Fallen and GI Joe. Check out the original article here on Yahoo, and a copy of Hasbro's conference call here. The conferance call delivers a very nice three hit combo of ways in which Transformers has helped Hasbro, and will continue to do so into 2010 and beyond:
- Extremely strong sales of ShoutFactory G1 series, 100k units sold in the first four weeks, described as "exceptional". - Expect continued momentum from a Revenge of the Fallen DVD release this fall - Expect continued momentum to continue into 2010 from TV support next year Hasbro 2nd-quarter profit beats expectations - Yahoo! Finance Hasbro : Investor Relations : Investor Overview |
07-21-2009, 08:05 AM | #2 |
#voteblackjack
Join Date: Sep 2008
Location: Northwood, NH
Posts: 35,747
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Lody99 had posted something about this yesterday.
Projections had put Hasbro at 23 cents a share, they ended at 26 cents a share, up from 25 cents a share. Not bad at all. Makes me want to get stock in Hasbro.
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