Hasbro Q1 Profit Drops 47%

Posted 4/20/2009 by Ben Clark

Marketwatch.com is reporting that Hasbro's Q1 Profit dropped 47%. The story doesn't state if that's a Quarter to Quarter drop or a Year to Year drop, but it's a pretty big hit in any case.

The big news in February was that game sales were up, even though the toy category as a whole was down. Marketwatch's story implies that board game numbers were down as well. It should be interesting to see what Toy/Game pundits have to say about this.



Back to Main News Page