Newsgroup: it.hobby.giochi.gdr.dnd
Titolo: [News] Hasbro Financial Reports

Hasbro Narrows First-Quarter Loss
Mon Apr 22,11:13 AM ET
By BRIAN CAROVILLANO, Associated Press Writer
PROVIDENCE, R.I. - Hasbro Inc. narrowed its first-quarter loss by 32
percent through strong sales of its G.I. Joe and Transformers toys,
matching the expectations of Wall Street analysts.
The Pawtucket-based toy maker lost $17.1 million, or 10 cents per share,
during the first three months of the year, compared with a loss of $25
million, or 15 cents a share, a year ago.
Analysts surveyed by Thomson Financial/First Call predicted Hasbro would
lose 10 cents per share. The company's stock rose 13 cents to $16.78 in
early trading Monday on the New York Stock Exchange (news - web sites).
"We believe we are well-positioned and on track to achieve our financial
goals for the year," chairman and chief executive Alan Hassenfeld said in a
written statement.
With "Star Wars: Episode II - Attack of the Clones," due in theaters May
16, the company began shipping products based on the movie to vendors
during the first quarter, which is typically the slowest time of year for
toy sales.
Hasbro's quarterly revenue fell to $452 million from $463 million the year
before.
Alfred J. Verecchia, Hasbro's president and chief operating officer, said
the company is scaling back on its "Star Wars" product line compared to
1999, when "Episode I - the Phantom Menace" was released.
"There's no question that Star Wars is a big movie this year," Verecchia
told analysts during a conference call Monday morning. "(But) Hasbro is a
lot more than just Star Wars. The last thing we want to do ... (is) to turn
the entire performance of Hasbro in 2002 into a discussion about Star
Wars."
Analysts called the 1999 performance of toys tied to the Lucasfilm movie
franchise "disappointing," and said Hasbro was left with between $100
million to $150 million in excess inventory.
Sales of G.I. Joe action figures increased for the fifth straight quarter
and were up 48 percent at the largest U.S. toy retailers compared to the
first three months of 2001. Hasbro has targeted a younger audience with the
reintroduction of its 3 3/4-inch "G.I. Joe vs. Cobra" toys, and continues
to produce the 12-inch version popular with adult collectors.
Hasbro makes the Playskool, Tonka and Milton Bradley brands. It employs
about 10,000 people worldwide and is the nation's second largest toy
producer behind El Segundo, Calif.-based Mattel Inc.
___
On the Net:
Hasbro: 
www.hasbro.com
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http://www.icv2.com/articles/home/1321.html
Bye.
#######################
Giuseppe A.
e-mail: 
gambi...@libero.it
Milano - Italy
IHGGER #7
IHGGDER #33
ICQ: 17082804
#######################

 PROVIDENCE, R.I. - Hasbro Inc. narrowed its first-quarter loss by 32
Questa città mi ricorda qualcosa! ^__-
Ciao
Chtulhu :-E

 Questa città mi ricorda qualcosa! ^__-
Mmmh... non era nella Rhode Island, o si'?
Lisif del vago ricordo

 Mmmh... non era nella Rhode Island, o si'?
C'e' pure scritto... R.I. sta per Rhode Island... comcincio a sospettare che
dietro alla dirigenza della TSR/WotC/Hasbro si annidino oscure presenze...
    Paolo

 ha scritto nel messaggio
news:3CC5DF25...@tin.it...

LOL
Molto oscure...
Visti i mie probabili legami con le + alte sfere, chiederò se mi mandano
qualche manualino aggratis. ^__-
Ciao
Chtulhu :-E