Hasbro reports 4th quarter and full-year 2009 earnings

February 8, 2010 | By Juliana Heng In Toys in the news |

Hasbro logo.

Hasbro, the toy company that makes popular collector’s toys like Star Wars, Transformers, G.I.Joe, My Little Pony and Littlest Pet Shop, has issued a press release on their website about their earnings report for the 4th quarter of 2009, and their full year 2009 earnings!

“Hasbro reports 4th quarter and full-year 2009 results; posts 9th consecutive year of E.P.S. growth and fifth consecutive year of revenue growth. 

4th Quarter Highlights:

Net revenues of $1.38 billion for the fourth quarter, an increase of $144.1 million or 12% compared to $1.23 billion a year ago; net revenues increased 7% excluding the positive $55.4 million impact of foreign exchange; 

Net earnings of $165.6 million, or $1.09 per diluted share, increased $72.0 million or 77%, compared to $93.6 million, or $0.62 per share in 2008; 

Full-Year Highlights: 

Net revenues of $4.07 billion, an increase of $46.4 million or 1% from a year ago; net revenues increased 3% excluding the negative $65.2 million impact of foreign exchange; 

U.S. and Canada segment net revenues grew 2%; International segment net revenues declined 3% but increased 2% absent the negative $64.5 million impact of foreign exchange; and Entertainment and Licensing segment net revenues increased 44% compared to 2008; 

Net earnings of $374.9 million, or $2.48 per diluted share, increased $68.1 million or 22%, compared to $306.8 million, or $2.00 per diluted share in 2008; 

Operating profit of $588.6 million or 14.5% of net revenues compared to $494.3 million or 12.3% of net revenues last year; 

Repurchased 3.2 million shares of common stock at a total cost of $91.0 million.”

 

For the full press release, please read here.

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    • 2 Comments so far

    1. Hippo on February 13th, 2010

      From thisreport it shows that more people become collectors and more people are buying toys. ROTF save the day!!! :-)

    2. Juliana Heng on February 14th, 2010

      Hi Hippo,

      I still feel that their toy quality has dropped, like the paintjob, the function fault, and durablity. Many of my ROTF toys have some issue or another, never perfect…

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