Transformers and More @ The Seibertron Store
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--Net revenues for the second quarter 2011 grew 23% to $908.5 million compared to $737.8 million for the second quarter 2010; foreign exchange had a positive $35.8 million impact on second quarter 2011 revenues;
--Net earnings increased to $58.1 million, or $0.42 per diluted share, compared to $43.6 million or $0.29 per diluted share in 2010;
--Second quarter 2011 net earnings include a favorable tax adjustment of $20.5 million, or $0.15 per diluted share, and pre-tax expense of $13.1 million, or $0.06 per diluted share, related to costs associated with establishing a Center of Excellence for Hasbro Games in Rhode Island;
--International segment revenues grew 43% to $374.5 million with growth in every major geographic region; U.S. & Canada segment revenues were up 14% to $505.0 million;
--Boys product category revenues nearly doubled, increasing 96% to $460.4 million;
--Repurchased 2.4 million shares of common stock at a total cost of $112.0 million.
fenrir72 wrote:Good for them........and us! More profits from Hasbro would naturally mean more Transformers products for us. Just wished they won't over extend/expose the line as with those Marvel/Star Wars cross overs and the PCC.
Blast Cannon wrote:Hasn't the whole point of the TV shows and movies, since their inception, been to promote the toys to provide Hasbro with immense profit?
Autobot032 wrote:Up eh?
Coulda fooled me.
Take a look at most, if not all of the retailers around here... They're not selling much.
fenrir72 wrote:But if what I understand is correct....again, the collapse of the line in the early 90's was:
1. fans growing up who eventually lost interest
2. lack of multimedia support (unlike in Japan)
Once it suddenly becomes ridiculous (over extending the toy line) and start releasing clunkers for the heck of it (like Atari did with ET)plus a very tight economy to boot, we might experience another "toy line collapse"
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