Edition:
United States

Hasbro Inc (HAS.O)

HAS.O on Nasdaq

95.03USD
22 Nov 2017
Change (% chg)

$-0.02 (-0.02%)
Prev Close
$95.05
Open
$95.17
Day's High
$95.53
Day's Low
$94.83
Volume
471,770
Avg. Vol
1,518,259
52-wk High
$116.20
52-wk Low
$77.20

Latest Key Developments (Source: Significant Developments)

Hasbro makes takeover approach to Mattel - CNBC citing , Dow Jones
Friday, 10 Nov 2017 05:04pm EST 

Nov 10 (Reuters) - :Hasbro makes takeover approach to Mattel - CNBC citing , Dow Jones.  Full Article

Paramount Pictures and Hasbro teams up to produce content
Friday, 3 Nov 2017 08:37am EDT 

Nov 3 (Reuters) - Hasbro Inc :Paramount Pictures and Hasbro to produce and distribute live action and animated content under five year exclusive relationship.Hasbro Inc - ‍co, Paramount Pictures will be teaming up to produce and distribute content based on Hasbro brands, as well as original stories​.Hasbro Inc - ‍terms of relationship are not being disclosed​.Hasbro Inc - ‍ Paramount and Hasbro will also collaborate on television programming​.Hasbro Inc - ‍companies will collaborate on live action and animated films​.  Full Article

Hasbro signs agreement with Toys R Us on receivables
Monday, 23 Oct 2017 01:40pm EDT 

Oct 23 (Reuters) - Hasbro Inc :Hasbro CEO- Q3 operating profit margin would have been about 100 basis points higher excluding incremental bad debt expense related to Toys R Us bankruptcy -conf call.Hasbro CFO- "expect timing impact of ultimate collection from our Toys"R"Us receivables could add an incremental 2 days on our year-end receivables compared to the end of 2016" -conf call.Hasbro CFO- "there is higher near-term uncertainty with Toys"R"Us as we see how they'll begin to execute their plan to emerge from Chapter 11" -conf call.Hasbro CFO- "we did have some shipments that we stopped when we heard of Toys"R"Us declaring their bankruptcy. But just for a short period of time" -conf call.Hasbro CFO- "With Toys"R"Us just having filed for bankruptcy so late in the third quarter, we've adjusted a bit our thoughts around the fourth quarter" -conf call.Hasbro CEO on Toys "R" Us bankruptcy- "In fact, this wouldn't have been an issue had it happened earlier in the year, and it's not an issue for us in 2018".Hasbro CEO on Toys "R" Us bankruptcy- "we do need to assess what Toys"R"Us will represent of the total inventories in the fourth quarter".Hasbro CEO indicates "fluid environment" about shipping to Toys "R" Us, says "there's an opportunity to put our inventory up in the marketplace in a number of places".Hasbro CEO - have signed an agreement with Toys R Us on receivables and go-forward on finance.  Full Article

Hasbro reports Q3 earnings per share $2.09
Monday, 23 Oct 2017 06:30am EDT 

Oct 23 (Reuters) - Hasbro Inc :Hasbro reports revenue, net earnings and earnings per share growth for third quarter 2017.Q3 earnings per share $2.09.Q3 revenue $1.79 billion versus I/B/E/S view $1.78 billion.Q3 earnings per share view $1.94 -- Thomson Reuters I/B/E/S.Sees Q4 revenue up 4 to 7 percent.Hasbro Inc - Qtrly ‍international segment net revenues increased 7% to $739.2 million compared to $690.7 million in 2016​.Hasbro Inc qtrly ‍U.S. and Canada segment net revenues increased 7% to $993.8 million​.Hasbro Inc - Qtrly ‍hasbro gaming revenues grew 22% to $280.1 million​.Hasbro Inc qtrly ‍franchise brand revenues increased 7% to $827.3 million​.Hasbro Inc qtrly ‍partner brand revenues decreased 2% to $485.7 million​.Hasbro Inc - Qtrly ‍reported net earnings include a $0.04 per diluted share benefit versus Q3 2016 from adoption of FASB ASU No. 2016-09​.Hasbro Inc- ‍ U.S. and Canada segment was negatively impacted by Toys"R"Us bankruptcy in Q3​.Hasbro Inc - "‍Updated expectation is Q4 revenues will increase in a range of 4% to 7% versus q4 2016"​.Hasbro Inc - ‍Continue to "work closely with Toys"R"Us" as co heads into holiday period​.  Full Article

‍Fitch says Retail institutional default rate could top 10% with Toys R Us​
Wednesday, 20 Sep 2017 11:20am EDT 

Sept 20 (Reuters) - Fitch::‍Fitch says retail institutional default rate could top 10% with Toys R Us​.  Full Article

Hasbro Inc files for potential debt shelf offering, size not disclosed
Tuesday, 5 Sep 2017 10:40am EDT 

Sept 5 (Reuters) - Hasbro Inc ::Hasbro Inc files for potential debt shelf offering; size not disclosed - SEC filing‍​.  Full Article

Hasbro sets quarterly cash dividend of $0.57 per share
Wednesday, 2 Aug 2017 04:03pm EDT 

Aug 2 (Reuters) - Hasbro Inc :Sets quarterly cash dividend of $0.57 per share.  Full Article

Hasbro Inc reports Q2 earnings per share $0.53
Monday, 24 Jul 2017 06:30am EDT 

July 24 (Reuters) - Hasbro Inc :Qtrly net revenues for international segment $426.6 million, up 6 percent .Hasbro reports revenue, operating profit and net earnings growth for second quarter 2017.Q2 earnings per share $0.53.Q2 revenue $972.5 million versus i/b/e/s view $972.4 million.Q2 earnings per share view $0.46 -- Thomson Reuters I/B/E/S.Q2 2017 franchise brand revenues increased 21% to $545.7 million.Says Q2 2017 U.S. and Canada segment net revenues increased 16% to $494.4 million compared to $425.9 million in 2016.Qtrly partner brand revenues increased 1% to $230.0 million.Qtrly Hasbro gaming net revenue $133.9 million, up 6 percent.  Full Article

Hasbro launches gaming subscription service
Monday, 19 Jun 2017 09:00am EDT 

June 19 (Reuters) - Hasbro Inc :Hasbro launches gaming subscription service.  Full Article

Hasbro inc sets quarterly cash dividend of $0.57/shr
Thursday, 18 May 2017 10:10am EDT 

May 18 (Reuters) - Hasbro Inc ::Declared a quarterly cash dividend of $0.57 per common share.  Full Article

Photo

Wall Street rallies powered by Cisco, Walmart; House tax vote supports

NEW YORK Wall Street's main indexes rose sharply on Thursday boosted by earnings-related gains in Wal-Mart and Cisco, while a tax bill expected to boost corporate earnings passed its first, if smallest, hurdle. | Video