Hasbro Releases 2018 Q4 Earning Reports

Hasbro has released their quarterly and full-year financial reports for investors, with some bad news – the company took a bigger hit from the collapse of Toys ‘R’ Us than they anticipated, with almost all sectors of their business taking a significant sales hit.
The lowered sales were compounded by the lack of a major Star Wars film release, meaning that Star Wars toy sales didn’t get the boost they otherwise would.
However, CEO Brian Goldner reassured investors that the collapse of Toys ‘R’ Us was a one-time event – and while share prices took a hit, the investors seemed to understand that the circumstances were beyond Hasbro’s control, particularly in light of the toy slate presented for 2019 and the impressive performance of Hasbro’s “emerging brands” category.


You can read more on the financial report here – and why not join the discussion in our forums, on our Discord server, or on Facebook?

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Jo

Jo

Jo, aka "Broadside", had her first experience with Transformers watching Transformers: Cybertron on CITV, but only really got involved in the fandom through the IDW comics. When not posting on the Allspark, she can sometimes be found contributing to the Transformers and IDW Hasbro wikis... sometimes.
Jo