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Hasbro Inc have now issued their 10K results for Q3 which, on paper, saw year-on-year growth of 2% on net revenue for the group to $1.37 billion dollars.  This had a knock on affect of increasing the valuation of their share prices by 5% to $1.31 from $1.24.  However, the 10-K was filed before the recent legal ruling against the company which resulted in a $75.5 million legal settlement that was reported on this site last month.  This settlement reversed the overall value of the companies stock price from the 5% increase to a 22.5% decrease to a share price of $0.96.  The share price is expected to recover especially over 2014 with the release of more movie tie-in products.

Despite solid international growth as well as strong results in their "Girls Toys" market, the Boys Toy section which makes up 1/3rd of Hasbro's revenue suffered a 17% year-on-year loss to $392 million despite good performances in both the Transformers and Star Wars products.

Source: Hasbro Inc via Via Yahoo! Finance

Category: Toy Industry News | Submitted by: quartz - on: Wednesday, 6th November 2013 at 09:01:20 GMT | Share: | Discuss: Read on

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