Hasbro reported a profitable Q4 and 2014 on Monday, with growth in revenues and profits for both periods. Full year revenues were up 5%, and were up 7% without a big foreign exchange impact.
Revenues on Franchise Brands, Boys, and Girls were all up in 2014. Boys was up 20%, with Marvel (undoubtedly Guardians of the Galaxy), Transformers, and Nerf increases offsetting declines in Beyblade. Games were down 4% for the year, with sales increases on Magic: The Gathering, Monopoly, Simon, and Game of Life partially offsetting larger declines in Duel Masters, Twister, and Angry Birds. Increases in My Little Pony, My Little Pony Equestria Girls, Nerf Rebelle, and Play-Doh Dohvinci offset declines in Furby, bringing Girls sales up 2% for the year.
Earnings were up almost 50% vs. 2013.
Q4 revenues were up only 1%, but were up 7% without the foreign exchange impact (many multinationals are reporting lower earnings from overseas operations because of the strong dollar). Q4 earnings per share were up 37% over Q4 2013.
Investors liked the news, with Hasbro shares up over 7% on Monday.
Boys Especially Strong
Posted by ICv2 on February 10, 2015 @ 12:58 am CT
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