Hasbro Gives Disappointing Guidance Friday, January 14, 1:23 PM ET
Toy maker Hasbro (NASDAQ:
HAS) did not get what it wanted from Santa Claus.
The company said today that performance was not as strong as it expected in the holiday season, and full-year and fourth quarter revenue will be lower than last year.
Fourth quarter revenue will fall slightly to $1.3 billion, while full-year revenue dips slightly to $4 billion.
Full-year earnings will only be modestly higher than last yearís $2.48 per share, and therefore well below analyst expectations.
Hasbro shares are trading down over 3.4% Friday.
Rival Mattel (NASDAQ:
MAT) is trading down over 1.5%, while educational toy company LeapFrog (NYSE: LF) trades down over .9%.
For MarketNewsVideo.com, Iím Sayoko Murase.
Nasdaq 100 Movers: GILD, TMUS
Related symbols: GILD, TMUS, MU, VRTX
S&P 500 Movers: HOG, KLAC
Related symbols: HOG, KLAC, ENDP, CF
Dow Movers: NKE, CSCO
Related symbols: NKE, CSCO, DIS, DD
Friday Sector Laggards: Education & Training Services, Music & Electronics Stores
Related symbols: ESI, BPI, GME, RCII
Friday Sector Leaders: Precious Metals, Shipping Stocks
Related symbols: EMXX, MAG, EGLE, SBLK
Thursday Sector Laggards: Shipping, Transportation Services
Related symbols: NM, EURN, NVGS, FTAI
Friday's ETF with Unusual Volume: PICK
Related symbols: PICK, FCX, X, SWC
Friday's ETF Movers: GDXJ, RWO
Related symbols: SVM.CA, MAG.CA, NSA, FPO, RWO, GDXJ
IWM, XRT: Big ETF Outflows
Related symbols: IWM, XRT, AMD, MSCC, GRPN, GPS
Daily Dividend Report: MO, TFSL, ACET, PXD, WM, HUM, EIX, PPL, MOS, HRB
Related symbols: MO, TFSL, ACET, PXD, WM, HUM, EIX, PPL, MOS, HRB
Daily Dividend Report: TD, CM, DG, XEL, LZB
Related symbols: TD, CM, DG, XEL, LZB
Daily Dividend Report: TROW, CTL, BBY, VVI
Related symbols: TROW, CTL, BBY, VVI
Weekly Market Wrap: August 14, 2015
Related symbols: BAC, AMAT, AAPL, S, SYY
Weekly Market Wrap: August 7, 2015
Related symbols: SUNE, BAC, CHK, GRPN, AAPL
Weekly Market Wrap: July 31, 2015
Related symbols: BAC, MU, AAPL, SUNE, FB
Week Ahead Market Report: June 8, 2015
Related symbols: BAC, FTR, AAPL, INTC, MNKD
Week Ahead Market Report: May 18, 2015
Related symbols: BAC, AAPL, VALE, T
Week Ahead Market Report: May 4, 2015
Related symbols: BAC, AAPL, MSFT, ICLD, NOK
All videos » |
Stock market definitions »
Hasbro Gives Disappointing Guidance
| Market News Video | Copyright © 2008 - 2016, All Rights Reserved
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.