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HASBRO reported net income of $263.9 million in the third quarter, a slight decline from a year earlier, as the Toys R Us bankruptcy continues to affect the toy and entertainment producer. / COURTESY HASBRO

Hasbro Q3 results hurt by Toys R Us and European woes

PAWTUCKET – Toy and entertainment producer Hasbro Inc. reported net income in the third quarter of $263.9 million, a decline of 0.6 percent, or...
HASBRO reported a $60.3 million profit in the second quarter of 2018, following a $112.5 million loss in the first quarter. In the second quarter of 2017, the company earned $67.7 million. / COURTESY HASBRO

Hasbro turns $60.3M Q2 profit following Q1 rout on Toys R...

PAWTUCKET – Hasbro Inc. reported a $60.3 million profit in the second quarter of 2018 on Monday, or 48 cents per diluted share, reflecting...
HASBRO HAS been named as a Civic 50 Honoree each year since the award's inception in 2012. This year CVS Health was also honored. / BLOOMBERG FILE PHOTO/MICHAEL SPRINGER

2 R.I. companies honored for corporate citizenship

PROVIDENCE – Both CVS Health Corp. and Hasbro Inc. have been named as 2018 Civic 50 honorees, an award for superior corporate citizenship from...
HASBRO AND CVS HEALTH were named among Corporate Responsibility Magazine's 2018 Top 100 Corporate Citizens. / COURTESY CORPORATE RESPONSIBILITY MAGAZINE

Hasbro and CVS named among 100 Best Corporate Citizens rankings

PROVIDENCE – Two Rhode Island-based companies, Hasbro Inc. and CVS Health Corp., ranked on Corporate Responsibility Magazine’s 2018 100 Best Corporate Citizens list released...
YNON KREIZ is the newest Mattel CEO. He recently told employees that he will focus on fostering creativity and expanding how Mattel uses its brands. / BLOOMBERG FILE PHOTO/ SCOTT EELLS

New Mattel CEO plays catch-up with rivals after four down years

NEW YORK - Mattel Inc., home of Barbie and Thomas the Tank Engine, has struggled for years trying to manage its way out of...
HASBRO REPORTED a $112.5 million first-quarter loss, compared to a $68.6 million profit one year prior. / BLOOMBERG FILE PHOTO/MICHAEL SPRINGER

Hasbro takes a hit with the collapse of customer Toys ‘R’...

NEW YORK - The demise of Toys “R” Us Inc. took a toll on Hasbro Inc., which posted worse-than-expected results in the first quarter. Hasbro...
HASBRO CEO BRIAN GOLDNER said that the company made a tactical error, releasing toys too far ahead of the Star Wars franchise’s most recent movie. / BLOOMBERG FILE PHOTO/JEENAH MOON

Hasbro CEO admits making strategic mistake with ‘Last Jedi’ toys

PAWTUCKET - The force wasn’t with Hasbro Inc. during its latest Star Wars merchandising push. CEO Brian Goldner says the company goofed by releasing toys...
HASBRO grew revenue year over year in 2017, but saw profit decline due to repatriation taxes driven by the new tax code. / BLOOMBERG FILE PHOTO/DANIEL ACKER

Hasbro revenue up, profit down on tax code changes

PROVIDENCE – Hasbro Inc. reported net income of $396.6 million for 2017, which thanks to a $296.5 million charge as a result of the...
HASBRO TEAMED UP with the U.S. Marine Corps Reserve Toys for Tots Program and Hillwood Airways to donate 30,000 toys and games to families in need in Puerto Rico this week. / BLOOMBERG FILE PHOTO/MICHAEL SPRINGER

Hasbro helps USMC Reserve Toys for Tots program deliver 30K toys...

PAWTUCKET - Hasbro Inc., the U.S. Marine Corps Reserve Toys for Tots Program and Hillwood Airways collaborated to ship 30,000 toys and games to...
A GOOD SALESMAN: Virgin Pulse’s decision to move its headquarters to Providence from Framingham, Mass., was instigated by Dr. Rajiv Kumar, who sold company executives on taking a look at the city to accommodate expansion plans.  / PBN FILE PHOTO/­MICHAEL SALERNO

Providence takes center stage in Virgin Pulse move and shines

In an interesting juxtaposition of Providence’s business past and future, Virgin Pulse CEO David Osborne took the opportunity of the Greater Providence Chamber of...
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