Hasbro (HAS) Tops Q3 EPS by 3c, Revenues Beat
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Hasbro Reports Third Quarter 2020 Financial Results
October 26, 2020 6:30 AM EDTThird quarter 2020 revenues were $1.78 billion, down 4% on a pro forma basis Revenue grew 9% in the U.S. and Canada segment and 7% in the European region; revenue grew 50% in ecomm channels globally eOne TV and Film revenue decline reflects entertainment delivery delays due to live-action production shutdowns and the ongoing, gradual return to production Operating profit of $336.6 million or 18.9% of revenues; Net earnings of $220.9 million or $1.61 per diluted share Adjusted operating profit of $367.2 million or 20.7% of revenues, an expansion of 230 basis points... More
