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04-20-2009, 02:48 PM | #1 |
Rick Hunter
Join Date: Sep 2008
Location: MIA
Posts: 21,852
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http://www.marketwatch.com/news/story/Hasbro-profit-drops-47-toy/story.aspx?guid={468154EA-9FF5-44DF-9BE3-B141D3C85890}
I must say I am a bit surprised but I guess that must be why the prices have gone up I just went to Target and the comic packs are now $12.89 just last week they where $9.89 that is a big jump I don't see how anyone will be buying if the price keeps going up if it was not for us collectors I don't think GI JOE would be as popular as it is now. |
04-20-2009, 02:51 PM | #2 |
Crimson Nerd
Join Date: Dec 2008
Location: Virginia
Posts: 12,579
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We already have a topic for this.
And you're missing a key point: Hasbro's profits dropped, but they still made a profit (brought in more money than they spent). By comparison, Mattel (their biggest competitor) lost about $50 million dollars this quarter. The price increases don't help, but it's the recession more than the price increases that are hurting the sales of toys across the board...not just at Hasbro. Heck, for all we know Hasbro's price increases are the reason they made a profit this quarter.... |
04-20-2009, 02:57 PM | #3 |
Rick Hunter
Join Date: Sep 2008
Location: MIA
Posts: 21,852
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Quote:
We already have a topic for this.
And you're missing a key point: Hasbro's profits dropped, but they still made a profit (brought in more money than they spent). By comparison, Mattel (their biggest competitor) lost about $50 million dollars this quarter. The price increases don't help, but it's the recession more than the price increases that are hurting the sales of toys across the board...not just at Hasbro. Heck, for all we know Hasbro's price increases are the reason they made a profit this quarter.... |
04-20-2009, 02:59 PM | #4 |
SurveillancePort.com
Join Date: Feb 2007
Location: M.A.R.S. EVERGLADES ARMORY
Posts: 21,464
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