Hasbro 3rd-Quarter Results Higher than Expected
{mosimage} Hasbro has exceeded expectations for their third-quarter results, according to KYW Newsradio 1060. Hasbro revenue gained 7% this year, 1.3 Billion from 1.27 billion last year. Though the profit margin this year was lower than it was last year, if the large tax-benifit from last year is excluded, shares would have risen 5%. On another note, rival toymaker Mattel's profits were lower than expected.
You can read the full article here , and credit to Fosterlager over at TFW2005 for the heads up.
Comments
Allspark News
The Allspark News Robot has been tasked with the duty of assuming ownership of all news posts submitted between 2006 and 2013 from our original website database.