Hasbro (HAS) Tops Q3 EPS by 6c

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Hasbro Reports Financial Results for the Third Quarter 2015

October 19, 2015 6:30 AM EDT

Third quarter 2015 revenues of $1.47 billion; Absent a negative $132.4 million impact of foreign exchange, third quarter 2015 revenues grew 9%; U.S. and Canada segment revenues up 5%; International segment revenues increased 14% absent foreign exchange; Entertainment and Licensing segment revenues decreased 2% year-over-year; The Boys and Preschool categories grew in the quarter; Absent the negative impact of foreign exchange, Franchise Brands grew 4% in the quarter; Net earnings of $207.6 million or $1.64 per diluted share; Adjusted net earnings of $200.5 million or $1.58 per diluted share, excluding the sale of manufacturing... More