Comment on Hasbro Earnings Decline on Continued Toys R Us Fallout

Hasbro Earnings Decline on Continued Toys R Us Fallout

Toy maker Hasbro (NASDAQ: HAS) reported third-quarter 2018 results before the market open on Monday. Revenue dropped 12% year over year, GAAP earnings per share dipped 1.4%, and EPS adjusted for one-time factors fell 7.7%. As in the previous two quarters, the loss of revenue stemming from the bankruptcy and subsequent liquidation of Toys R Us in the U.S.

 

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