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Hasbro Reports First Quarter 2021 Financial Results
Hasbro Announces Sale Of Eone’S Music Business
Hasbro Unveils New Financial Reporting Segments
Hasbro, Inc. (Hasbro) is a play and entertainment company. The Company's operating segments include the U.S. and Canada, International, and Entertainment and Licensing. From toys and games to content development, including television programming, motion pictures, digital gaming and a consumer products licensing program, Hasbro fulfills the fundamental need for play and connection for children and families around the world. The Company's U.S. and Canada segment is engaged in the marketing and sale of its products in the United States and Canada. The International segment is engaged in the marketing and sale of the Company's product categories to retailers and wholesalers in most countries in Europe, Latin and South America, and the Asia Pacific region and through distributors in those countries where it has no direct presence. The Entertainment and Licensing segment includes the Company's consumer products licensing, digital gaming, television and movie entertainment operations.
1027 Newport Ave,
PO Box 1059
Brian D. Goldner
Chairman of the Board, Chief Executive Officer
Alan Geoffrey Hassenfeld
Deborah M. Thomas
Chief Financial Officer, Executive Vice President
Darren D. Throop
Chief Executive Officer - Entertainment One
Chief Human Resource Officer, Executive Vice President
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Hasbro Inc fended off an attempt by the heirs of 'Game of Life' designer Bill Markham to recover his copyright interest in the game at the 1st U.S. Circuit Court of Appeals on Monday.
Hasbro Inc said on Tuesday it would raise prices of toys and games to counter higher raw material costs as the company sees surging demand for its Nerf blasters and board games from families spending more time at home.
Hasbro Inc fell short of first-quarter revenue estimates on Tuesday as COVID-19 forced delays hammered the toymaker's movie and TV production business.
Shares of Roblox Corp surged to a record high on Tuesday after Hasbro Inc announced it would sell Nerf blasters inspired by the videogame platform.
Japanese gaming firm Nexon said on Monday it invested $874 million in 2020 in companies including Hasbro, Bandai Namco, Konami and Sega Sammy as part of a plan to take stakes in entertainment companies.
Hasbro Inc said on Thursday it was renaming its popular Mr. Potato Head brand to drop the 'Mr.', giving the "Potato Head" line a less gender-focused identity.
Hasbro Inc said on Thursday it expected revenue growth at three new reporting segments to drive a double-digit top-line growth for the toymaker in 2021, after the COVID-19 pandemic hurt its sales last year.
Hasbro Inc warned on Monday that profit could come under pressure from investments in new video content and toys after a year when the toymaker's sales rose during the coronavirus crisis.
Hasbro Inc beat analysts' estimates for quarterly revenue on Monday, boosted by demand for the toymaker's board games and "Magic: The Gathering" collectible cards from families seeking entertainment during the pandemic-hit holiday season.
Hasbro Inc reported a 4% fall in adjusted revenue on Monday as delays in movie and TV show production hit its entertainment unit, taking the shine off its thriving board game business and allowing Mattel to catch up to its larger rival.
Hasbro Inc beat analysts' estimates for quarterly revenue on Monday, boosted by demand for the toymaker's board games from stuck-at-home families looking for entertainment.
Hasbro Inc <HAS.O> missed analysts' estimates for quarterly earnings and revenue on Monday, as production shutdowns due to the COVID-19 pandemic led to shortages of the company's board games.
Hasbro Inc missed analysts' estimates for quarterly revenue on Monday, hit by shuttered toy stores and production shutdowns due to coronavirus lockdowns, as well as delayed releases of Hollywood movies linked to its action figures.
Hasbro Inc <HAS.O> expects to ramp up production in China to meet demand for its Nerf blasters, Transformers figures and other toys in the vital end-of-year holiday season, even as it warned of a hit to overall sales from coronavirus lockdowns.
Hasbro Inc said on Wednesday it expected second-quarter adjusted revenue and earnings to fall, as sales of its toys and games take a hit from global lockdowns to contain the spread of the COVID 19 pandemic.
* HASBRO, INC. AND CARTAMUNDI PARTNER TO PRODUCE PERSONAL PROTECTIVE EQUIPMENT (PPE) FOR FRONT LINE MEDICAL WORKERS
* HASBRO INC SAYS CEO BRIAN GOLDNER'S FY 2019 TOTAL COMPENSATION WAS $18.0 MILLION VERSUS $8.5 MILLION IN FY 2018 - SEC FILING
* HASBRO CEO BRIAN GOLDNER SAYS SUPPLY CHAINS ARE BACK UP AND RUNNING IN CHINA - CNBC INTERVIEW
* HASBRO SAYS CORONAVIRUS OUTBREAK IN MARKETS IN WHICH CO OPERATES MAY HAVE SIGNIFICANT NEGATIVE IMPACT ON REVENUE, PROFITABILITY AND BUSINESS - SEC FILING Source: http://bit.ly/2PvddBn Further company coverage:
Mattel Inc reported a rise in adjusted quarterly profit on Thursday as the company kept a tight leash on costs, even as holiday season sales of its flagship Barbie brand in North America were pressured by Hasbro Inc's "Frozen" dolls.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.