Hasbro Fiscal Q2 Earnings Beat Expectations

Hasbro Fiscal Q2 Earnings Beat Expectations

Hasbro reported fiscal Q2 diluted earnings of $0.53, up from last year’s $0.41, exceeding the Capital IQ consensus of $0.45. Net revenues in the quarter ended July 2 grew to $972.5 million from $878.9 million but still missed the average analyst forecast of $974.2 million compiled by Capital IQ. Looking ahead, CFO Deborah Thomas said: “Our balance sheet and cash flows remain strong. While we are seeing some softness in […]

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