Friday, May 4, 2018

“The Worst Is Over” For Hasbro


INO.com Traders Blog https://ift.tt/2jtUNR2

Introduction: Hasbro Inc. (NASDAQ:HAS) released earnings that were rife with headwinds attributable to the bankruptcy of Toy R Us. Hasbro reported a year-over-year overall revenue decline of 16% and missed on EPS by $0.24. Hasbro cited the liquidation of Toys R Us and retail inventory overhang, primarily in Europe, as drags on revenue domestically and […]

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