Hasbro Announce Rise in Profit due to Star Wars Merchandise
Monday, February 6th, 2006 2:25pm CSTCategory: Site News
Posted by: Alex Kingdom Views: 11,549
Revenue in the U.S. toy segment, which includes the Star Wars and Furby lines, increased to $305.6 million from $263.7 million. Game segment revenue fell to $235.8 million from $270.3 million.
Chief Executive Alfred Verrecchia made this statement.
"While I am pleased with our overall performance, in particular our Star Wars product line, the games segment performance was below our expectations and clearly there is opportunity for improvement this year,"
Read the full story at Reuters here and at Yahoo Finance here and here.
Credit(s): Transformers @ The Moon, Reuters, Yahoo Finance