Hasbro stock soars as Q2 losses narrow

HASBRO'S shares soared Monday after the toymaker reported better-than-expected second quarter results. / COURTESY HASBRO INC.
PAWTUCKET (AP) - Hasbro Inc. on Monday reported a loss of $22.9 million in its second quarter that still beat Wall Street expectations. On a per-share basis, the toymaker said it had a loss of 17 cents. Earnings, adjusted for nonrecurring costs and pretax expenses, came to $1.05 per share. The average estimate of six…

Register to keep reading or subscribe today and receive unlimited access.
Register Now Already a Subscriber? Login now

Purchase NowWant to share this story? Click Here to purchase a link that allows anyone to read it on any device whether or not they are a subscriber.

No posts to display