Hasbro (HAS) Misses Q2 EPS by 23c, Revenues Miss
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Hasbro Reports Second Quarter 2020 Financial Results
July 27, 2020 6:30 AM EDTProvides Business Update Related to COVID-19
Second quarter 2020 revenues were $860.3 million, down 29% on a pro forma basis Strong consumer demand for Hasbro products hampered by temporary store closures, product shortages in fast growing categories and lower retail inventory High-single digit global point of sale growth in Q2, remains strong entering Q3 and broadening across the portfolio Hasbro Gaming revenues up 11% eOne entertainment revenue negatively impacted by live action production shutdowns Factories and warehouses now open in... More