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Hasbro Reports Revenue and Operating Profit Growth for the First Quarter 2015
* First quarter 2015 revenues grew 5% to $713.5 million; Absent a negative $62.6 million impact of foreign exchange, first quarter 2015 revenues grew 14%
* Revenue and operating profit grew in the U.S. and Canada and Entertainment and Licensing Segments; International segment revenues increased 20% absent foreign exchange
* Franchise Brand revenues grew 20%; Boys, Games and Preschool category revenues increased in the quarter
* Operating profit increased 25%; Net earnings of $26.7 million or $0.21 per diluted share; Net earnings increased 43% excluding $13.5 million, or $0.10 per diluted share, of favorable tax adjustments in the first quarter 2014
*Generated $315.3 million in operating cash flow; $1.1 billion in cash at quarter end
*Repurchased approximately 436,000 shares of common stock at a total cost of $25.2 million and an average price of $57.80 per share.
PAWTUCKET, R.I.--(BUSINESS WIRE)-- Hasbro, Inc. (NASDAQ: HAS) today reported financial results for the first quarter 2015. Net revenues for the first quarter 2015 increased 5% to $713.5 million versus $679.5 million in 2014. Excluding a negative $62.6 million impact from foreign exchange, revenues increased 14%.
Net earnings for the first quarter 2015 were $26.7 million, or $0.21 per diluted share, compared to $32.1 million, or $0.24 per diluted share, in 2014. Net earnings for the first quarter 2015 increased 43% versus adjusted net earnings of $18.6 million, or $0.14 per diluted share, in 2014. As reported first quarter 2014 net earnings included favorable tax adjustments of $13.5 million or $0.10 per diluted share.
"2015 is off to a good start with continued momentum in our business, led by growth in all of our Franchise Brands and the underlying strength in demand across international markets, including the emerging markets," said Brian Goldner, Hasbro's President and Chief Executive Officer. "For the first quarter, we grew revenue, improved profitability and delivered growth in adjusted net earnings despite significant foreign exchange headwinds. While the first quarter is the least significant quarter of the year, the global Hasbro team delivered a strong start to the year."
"Our first quarter results highlighted the strength of our brands, our global reach and our balance sheet," said Deborah Thomas, Hasbro's Chief Financial Officer. "Foreign exchange did negatively impact both revenues and earnings in the quarter; however, several factors helped mitigate the negative impact to profitability. These included the continued momentum in our Franchise Brands, the benefit of favorable foreign exchange product cost hedges and a larger contribution of higher-margin Entertainment and Licensing revenues. Our first quarter results keep us on track to achieve our previously stated targets."
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Spend Wonder Con With IDW!
Announcements, Signings, And Exclusives Head To Anaheim
San Diego, CA (April 2, 2015) – Join IDW this weekend in Anaheim as we head to the fan-favorite convention, Wonder Con! Taking place in the Anaheim Convention Center from April 3rd – April 5th, IDW and Top Shelf can be found at Booth #509. The fun begins at the booth on Friday with signings, freebies, and exclusive variants you won’t want to miss out on!
Available exclusively at the IDW booth, the most outrageous convention exclusive of the year, Jem & The Holograms #1 variant cover by Amy Mebberson! The cover can be purchased for $5, limit 3 per customer. And fans of IDW’s Artist’s Editions won’t want to miss the debut of Jack Kirby’s Mister Miracle Artist’s Edition variant, featuring an all-new penciled cover! These will be available all weekend long for $125, limit 2 per customer.
Friday April 3rd
1:00 – 2:00 Transformers – Mairghread Scott
2:00 – 3:00 The Bigger Bang – D.J. Kirkbride
4:00 – 5:00 Orphan Black – Jody Houser, Cat Staggs
5:00 – 6:00 Star Trek/ Planet of the Apes – Scott Tipton, David Tipton
6:00 – 7:00 Godzilla: Cataclysm – Cullen Bunn
Saturday April 4th
10:00 – 12:00 Edward Scissorhands – Drew Rausch
12:00 – 1:00 Star Trek – Mike Johnson, Tony Shasteen
1: 00 – 2:00 Godzilla: Rulers of Earth – Chris Mowry
2:00 – 3:00 Zombies vs. Robots, The October Faction – Steve Niles, Anthony Diecidue
2:15 – 3:15 Orphan Black – Graeme Manson, Jody Houser, Cat Staggs
3:00 – 4:00 V-Wars – Jonathan Maberry
Sunday April 5th
11:00 – 12:00 Star Trek/ Planet of the Apes – Scott Tipton, David Tipton
12:00 – 1:00 The Crow – Kevin Colden
1:00 – 2:00 Transformers – Mairghread Scott, Livio Ramondelli
2:00 – 3:00 Jem & The Holograms – Amy Mebberson
(*Check out the show exclusive variant!)
And join us throughout the weekend at these panels!
IDW Publishing: Focus on Artist’s Editions Friday, 4/3, 2:30p.m. - 3:30p.m., Room: 213
Join Artist’s Edition Guru and Special Projects Editor Scott Dunbier, as he lifts the veil back on secrecy surrounding upcoming Artist’s Editions! There will be announcements, special guests and a rumored special appearance from IDW President (and art lover) Greg Goldstein. This will be a big one. Just like the books!
IDW Publishing & Top Shelf Productions: An Independent Partnership, Friday, 4/3, 5:30p.m. - 6:30p.m., Room: 213
The publishing world was rocked this year, with the news that IDW Publishing acquired Top Shelf Productions. Now, join Top Shelf Editor-in-Chief Chris Staros, IDW President Greg Goldstein and IDW Marketing VP Dirk Wood, for a spirited discussion of all things Top Shelf. Announcements, hi-jinx, sneak peeks at new projects, Q&A and more! Come find out what’s changing about your favorite Indy Publisher. Hint: Not much! More of the great groundbreaking projects you’ve come to expect from Top Shelf are on the way!
IDW Publishing: The Best Panel You’ll Ever Attend, Saturday, 4/4, 3:30p.m. - 4:30p.m., Room: 213
Join VP of Marketing Dirk Wood, IDW President Greg Goldstein, Senior Book Editor Justin Eisinger, Special Projects Editor Scott Dunbier, Editor Sarah Gaydos and a bevy of special guests for a wild presentation filled with announcements, sneak peeks and Q&A! Think you know what IDW is up to this year? You won’t REALLY know unless you’re in the room for this one!
IDW Publishing: Kids' Comics & More, Sunday, 4/5, 1:30p.m. - 2:30p.m., Room: 213
Bring the kids to this one! Come find out what’s happening this year for all your favorite all-ages titles: My Little Pony, Skylanders, Angry Birds, Transformers, Teenage Mutant Ninja Turtles, Cartoon Network. Join IDW Editor Sarah Gaydos for sneak peeks at artwork, exciting announcements, but most importantly…Free Comics for everyone under 18!
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Tsutsukakushi wrote:I was looking around the Discovery Family site earlier today and found this. Figured I'd post the news here, as some of you guys would enjoy seeing this news.
TRANSFORMERS RESCUE BOTS SEASON 4
Meet the Rescue Bots - Heatwave, Boulder, Blades, & Chase, first-responder Autobots who, alongside the local Burns family, keep the high-tech island of Griffin Rock safe from disasters. Their mission: to protect, learn from, & work with humans.
About Discovery Family
Since its debut in October 2014, Discovery Family has marked four consecutive months of month-to-month grown in Prime among household delivery[iii], and has grown its viewership by double digits in daytime, attracting children and their parents to Hasbro Studio’s popular animation programming, including MY LITTLE PONY, LITTLEST PET SHOP and TRANSFORMERS RESCUE BOTS.
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Ask, and you shall receive. Here are the Generations Combiner Wars Quickslinger and Brake-Neck. They’ll be joining the battle and hitting online retailers in May!
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Don't worry! My Little Pony, Jem, and other Hasbro Studios shows aren't going anywhere @HasbroNews pic.twitter.com/Din2l8BIKB
— Netflix US (@netflix) March 20, 2015
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Transformers #42—Combiner Wars Epilogue
John Barber (w) • Livio Ramondelli & Andrew Griffith (a) • Griffith (c)
THE AFTERMATH! The COMBINER WARS are over, and OPTIMUS PRIME faces the aftermath. Meanwhile on Earth, ARCEE confronts GALVATRON over the fate of two worlds.
FC • 32 pages • $3.99
Transformers #42—Combiner Wars Epilogue—Subscription Variant
John Barber (w) • Casey W. Coller (a & c)
FC • 32 pages • $3.99
Bullet points:
The COMBINER WARS are over, but the fallout has just begun!
Alliances are shattered, and heroes fall!
Variant Cover by Naoto Tsushima!
Transformers: Windblade #4—Combiner Wars Epilogue
Mairghread Scott (w) • Corin Howell (a) • Priscilla Tramontano (c)
MORE WORLDS—MORE PROBLEMS! After the events of COMBINERS WARS, WINDBLADE and STARSCREAM race to recruit the lost CYBERTRONIAN colonies to the Council of Worlds—but which of them will control the fate of Cybertron?
FC • 32 pages • $3.99
Transformers: Windblade #4—Combiner Wars Epilogue—Subscription Variant
Mairghread Scott (w) • Corin Howell (a) • Casey W. Coller (c)
FC • 32 pages • $3.99
Bullet points:
The COMBINER WARS are over, but the fallout has just begun!
A new universe opens to the TRANSFORMER—will a new CYBERTRONIAN EMPIRE follow?
Featuring the art debut of new TRANSFORMERS superstar Corin Howell!
Variant Cover by Naoto Tsushima!
Transformers: More Than Meets the Eye #42
James Roberts (w) • Alex Milne (a & c)
“We should’ve known. Being happy: always a sign that somebody was about to die.” —From Knight Quest: The Quest for the Knights, by SWERVE of Helex.
FC • 32 pages • $3.99
Transformers: More Than Meets the Eye #42—Subscription Variant
James Roberts (w) • Alex Milne (a) • Nick Roche (c)
FC • 32 pages • $3.99
Bullet points:
The quest for the Knights of Cybertron reaches a new epoch!
Love, war, pain, pathos, and laughs as only MTMTE can deliver!
Variant Cover by Naoto Tsushima!
Transformers: Drift: Empire of Stone
Shane McCarthy (w) • Guido Guidi (a) • Alex Milne (c)
DRIFT RETURNS! After leaving the Autobots in disgrace, he’s now alone on a mission to clean up the darkest depths of the galaxy—until RATCHET shows up to try to bring him home! Also contains bonus content including creator interviews, behind-the-scenes info, an art gallery, and more!
TPB • FC • $19.99 • 132 pages • ISBN: 978-1-63140-269-2
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for the moment the game is released in Southeast Asia region. We do apologize for the inconvenience we bring. Thanks.
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Challenge of the Gobots: The Series, Volume Two
The GoBots are reporting for action on DVD and they have never looked this good!.Experience the first five episodes of the exciting animated series – known to fans as The Battle for Gobotron saga – in revitalized digitally remastered splendor.
Goto Page: << 1, 2, 3, 4, 5, 6, 7, 8, 9 >>
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