Hasbro: exceeds expectations in the second quarter.
(CercleFinance.com) - Hasbro has posted net profits up 30% to 67.
7 million dollars for last quarter, representing 53 cents per share, whilst analysts had only predicted an average EPS of around 45 cents.
At 972.5 million dollars, the toy group's turnover has increased by 11%, with growth of 16% in the US and Canada, and 6% internationally, despite a weakening in the conditions observed in Brazil and the UK.
“We are entering the crucial second half of the year with a solid dynamic among consumers, and a robust and diverse range of games, combined with new initiatives from compelling brands”, says CEO Brian Goldner.
Copyright (c) 2017 CercleFinance.com. All rights reserved.
7 million dollars for last quarter, representing 53 cents per share, whilst analysts had only predicted an average EPS of around 45 cents.
At 972.5 million dollars, the toy group's turnover has increased by 11%, with growth of 16% in the US and Canada, and 6% internationally, despite a weakening in the conditions observed in Brazil and the UK.
“We are entering the crucial second half of the year with a solid dynamic among consumers, and a robust and diverse range of games, combined with new initiatives from compelling brands”, says CEO Brian Goldner.
Copyright (c) 2017 CercleFinance.com. All rights reserved.