Hasbro (HAS) PT Raised to $103 at MKM Partners
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Hasbro Reports Full-Year and Fourth Quarter 2017 Financial Results
February 7, 2018 6:30 AM ESTBoard of Directors Increases Quarterly Dividend 11%, or $0.06 per share, to $0.63 per share
Full-Year 2017
2017 full-year net revenues of $5.21 billion increased 4%, including a favorable $79.2 million impact of foreign exchange; Operating profit margin of 15.6%; 2017 revenues grew in all major operating segments: 5% in the U.S. and Canada segment; 2% in the International segment; and 8% in the Entertainment and Licensing segment; Franchise Brand revenues increased 10%; Hasbro Gaming revenues up 10%; Emerging Brands grew 2%; Partner Brands declined 10%; U.S. tax reform, passed... More