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  May 21, 2008
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Generation 1
In: News

Hasbro Rolls Out 1st Quarter w/ 13% Net Revenue Uptick

By bwbm on Monday, April 21, 2008 @ 12:08:44 PM


Hasbro, Inc. announced their first quarter sales results today and it was a very good quarter with the company's net revenue jumping 13%, or $704.2 million, from the same time last year.

Net revenues overseas fared even better, with a 22%, or $248.3 million, increase.

All brands across the board increased in sales, Hasbro said, with Transformers, among others, leading the charge.

"We had a strong 2007 and the momentum continues in 2008, with growth driven primarily by TRANSFORMERS and LITTLEST PET SHOP, as well as PLAYSKOOL, STAR WARS, BABY ALIVE, MY LITTLE PONY and board games," President and Chief Executive Officer Alfred J. Verrecchia said in the press release.


 TFormers Community - last 10 comments shown
Gouka
2008-04-21
3:27 pm

I still believe the Cincinnati Animated release is a bit unfair to those who don't live in that area.... >.< 
Ryu Hayabusa
2008-04-21
3:22 pm

 
Blitz-wing
2008-04-21
1:53 pm

I bet it would have been better if they released TF:A already And no, I refuse to get over it 
( . Y . )
2008-04-21
1:44 pm

Hey, when Hasbro is doing well, it's good for all of us. 
Stormtrooper53
2008-04-21
12:14 pm

Must be all that money they saved by repainting old movie figures instead of coming up with new ones... *rimshot* 
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