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GI Joe Indiana Jones And Transformers Boost Hasbro Sales

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Old 07-21-2008, 03:37 PM   #1
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Hasbro Inc (HAS.N: Quote, Profile, Research, Stock Buzz), the No. 2 U.S. toymaker, posted a higher-than-expected quarterly profit on Monday, boosted by sales of toys tied to movies such as the latest "Indiana Jones" release and by brands like G.I. Joe and Transformers.
Hasbro profit tops view; costs remain challenging | Industries | Consumer Goods & Retail | Reuters
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Old 07-21-2008, 03:52 PM   #2
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Just think how high it would have been if they had stuff in stock!
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Old 07-21-2008, 03:53 PM   #3
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On a side note, expect a second price increase for Hasbro Product. No word if G.I. Joe will be effected.

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Effective September 1, Hasbro will raise prices for its toys in the mid-single-digit percentage range to protect its margins, Hargreaves added on a conference call.

Toymakers are being slammed by high commodity prices. Hasbro has also cited higher costs for transporting its goods, despite expecting higher earnings this year.

"While input cost inflation continues to be challenging, thus far we have been able to mitigate most of the impact through cost savings initiatives and pricing actions," Hasbro Chief Operating Officer and Chief Financial Officer David Hargreaves said in a statement.
If read this right most of the price increase will be on toys under $20.00 range.
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Old 07-21-2008, 03:58 PM   #4
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another price increase....thanks hasbro.
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Old 07-21-2008, 04:00 PM   #5
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I have to say that since the price of Indiana Jones figures has went up to $7.99 here, the Targets cannot keep them in stock anymore. These figures are flying off the shelves here now.
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Old 07-21-2008, 04:02 PM   #6
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On a side note, expect a second price increase for Hasbro Product. No word if G.I. Joe will be effected.

If read this right most of the price increase will be on toys under $20.00 range.
Naturally... you can bet on it. Joe is a cash calf (cow would require them actually producing enough to meet demand). They will continue to milk Joey all the way to the bank.

You mean Indiana Jones and Transformers product actually sold in the second quarter??? I would never have guessed by the surplus on the shelves lately.

Facetious? Me?
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Old 07-21-2008, 04:02 PM   #7
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another price increase....thanks hasbro.
We do not have any confirmation that will happen. We may already have seen the price increase for Joe and they will go after other brands.
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Old 07-21-2008, 04:02 PM   #8
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awesome
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Old 07-21-2008, 04:05 PM   #9
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Hasbro seemed to forget right around the time that they bought Kenner that G.I. Joe is teh feraking roxx0rz.
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Old 07-21-2008, 04:07 PM   #10
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Could'a been a lot more if these things were available to all stores for all to buy ;)
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