Strong brand stable helps Hasbro’s first quarter
On the strength of Spider-Man, Play-Doh and Nerf, the world's second-largest toymaker reported better than expected Q1 numbers on Monday. Net revenues came in at US$625.3 million, an increase of 34% over last year. Net income ended up at US$32.9 million, which translates into a gain of US$0.19 per share; analysts had predicted a much smaller US$0.01 increase.
April 23, 2007
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