Hasbro (HAS) Tops Q2 EPS by 18c

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Hasbro Reports Second Quarter 2018 Financial Results

July 23, 2018 6:30 AM EDT

Second quarter 2018 revenues of $904.5 million; U.S. and Canada segment revenues down 7%; International segment revenues down 11%; Entertainment and Licensing revenues up 26%; Operating profit margin of 9.7%; Reported net earnings of $60.3 million, or $0.48 per diluted share; Strengthened brand portfolio with acquisition of POWER RANGERS; Ended the quarter with $1.2 billion in cash and returned $152.8 million to shareholders; $78.7 million in dividends and $74.1 million in share repurchases.

PAWTUCKET, R.I.--(BUSINESS WIRE)--... More