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Hasbro Posts 1Q Profit

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Old 04-23-2007, 10:56 AM   #1
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PAWTUCKET, R.I. — Hasbro Inc., the nation's second-largest toymaker, said it had growth in several brands including My Little Pony, Playskool, Transformers and board games.

Quarterly revenue rose 34 percent to $625.3 million from $468.2 million, beating Wall Street's estimate of $507.9 million. The company reported a profit of $32.9 million

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Old 04-23-2007, 05:36 PM   #2
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I can see where Hasbro cashed in on Transformers. I'm a perfect example.

I used to be HARD CORE in to TFs. Regardless of whether they were made by Hasbro or Takara or BOTH, chances are, I owned the figure at one time or another.

My collecting died down right around Armada...

That being said, with the release of Classics, I was right back on the bandwagon.

So, if you factor in how many other people out there are like me, and do like I did...it's easy to see where the profits came in to play.

I can't wait to see Hasbro's earnings for the 3rd & 4th quarter....GO JOE! (er, YO JOE, but you get the idea! )
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Old 04-24-2007, 02:16 PM   #3
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i wonder why gi joe wasnt reported. wouldnt the sales numbers from the last wave be reflected there?
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