End Results Are In, Hasbro Reports Strong 3rd Quarter
Monday, October 23rd, 2006 5:50PM CDT
Category: Company NewsPosted by: Raymond T. Views: 12,381
Hasbro inc. has released their final results for their earnings in the third quarter. The following are the highlights from their press release.
Net revenues up 5% to $1.039 billion, compared to $988.1 million a year ago, with strong performance from a number of brands including LITTLEST PET SHOP, PLAYSKOOL, NERF, TRANSFORMERS, STAR WARS and PLAY-DOH.
Net earnings per share increased 23% to $0.58 per diluted share, this compared to prior year net earnings of $0.47 per diluted share;
Operating profit improved 29% to $165.2 million or 15.9% of revenues;
During the quarter, the company repurchased approximately 6.6 million shares of common stock at a total cost of $131.0 million
Net revenues up 5% to $1.039 billion, compared to $988.1 million a year ago, with strong performance from a number of brands including LITTLEST PET SHOP, PLAYSKOOL, NERF, TRANSFORMERS, STAR WARS and PLAY-DOH.
Net earnings per share increased 23% to $0.58 per diluted share, this compared to prior year net earnings of $0.47 per diluted share;
Operating profit improved 29% to $165.2 million or 15.9% of revenues;
During the quarter, the company repurchased approximately 6.6 million shares of common stock at a total cost of $131.0 million
Credit(s): www.hasbro.com
News Search
Got Transformers News? Let us know here!
Most Popular Transformers News
SEIBERTRON Turns 25! Celebrate with 25% off Transformers Toys + Energon Universe Comics
39,666 viewsMost Recent Transformers News
News Categories: Toy News, Movie News, Cartoon News, Comic Book News, Site News, Rumors, Events, Media Vault, Collectibles, Sponsor News, Game News, Site Articles, Reviews, Retailer News, People News, Company News, Sightings, Press Releases, Unlicensed Products News, Auctions, Transtopia, Interviews, Voices, Collectors' Club News, Knock Offs, Twincasts, Heavy Metal War, Contests, Book News, Top Lists
[ Click to attempt signal recovery... ]
