BMO Capital Downgrades Hasbro (HAS) to Market Perform
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Hasbro Reports Financial Results for the Second Quarter 2015
July 20, 2015 6:30 AM EDTSecond quarter 2015 revenues of $797.7 million; Absent a negative $71.5 million impact of foreign exchange, second quarter 2015 revenues grew 5%; U.S. and Canada segment revenues up 1%; International segment revenues increased 9% absent foreign exchange; Entertainment and Licensing segment revenues flat year-over-year; Preschool and Boys category revenues increased in the quarter; Absent the negative impact of foreign exchange, five of seven Franchise Brands grew in the quarter; Net earnings of $41.8 million or $0.33 per diluted share; $858 million of cash at quarter end; Returned... More
