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.
Thursday Sector Leaders: Education & Training Services, Packaging & Containers
Related symbols: LOPE, STRA, RKT, PKG
Thursday Sector Laggards: Precious Metals, Oil & Gas Exploration & Production Stocks
Related symbols: AUY, IAG, KWK, REXX
Wednesday Sector Leaders: Oil & Gas Exploration & Production, Entertainment Stocks
Related symbols: NFX, EXXI, BTN, MSG
VTI, GASL: Big ETF Inflows
Related symbols: VTI, GASL, AAPL, XOM, APC, APA
Thursday's ETF with Unusual Volume: GURU
Related symbols: GURU, FB, S, BIDU, MU
Thursday's ETF Movers: ILF, GDX
Related symbols: ITUB, BBD, SMF.CA, AUY, GDX, ILF
Daily Dividend Report: LNC, HII, XOM, CVX, DUK, MPC, MRO, ABX, NEM
Related symbols: LNC, HII, XOM, CVX, DUK, MPC, MRO, ABX, NEM
Daily Dividend Report: AFL, WYNN, KIM, FNF, DPM, JLL, WFC
Related symbols: AFL, WYNN, KIM, FNF, DPM, JLL, WFC
Daily Dividend Report: AMTD, RGP, ACMP, BRX, IBM, BA, FTR
Related symbols: AMTD, RGP, ACMP, BRX, IBM, BA, FTR
Weekly Market Wrap: October 24, 2014
Related symbols: DRYS, F, MSFT, AAPL, TWC, V, TROW, MCK, MCK
Weekly Market Wrap: October 17, 2014
Related symbols: AMD, BAC, AAPL, GE, JNJ, PAYX, CCL, SWK
Weekly Market Wrap: October 10, 2014
Related symbols: BAC, MU, INTC, GTAT, CAT, WAG, F, KRFT, ALG
Week Ahead Market Report: October 27, 2014
Related symbols: F, BAC, AAPL, YHOO, AET, AMP, CBT, CIT, KIM, ALL, ADP, CG, EXC, HES, CIG, GRPN, K, WU, D, XOM, POM
Week Ahead Market Report: October 20, 2014
Related symbols: BAC, AAPL, PFE, AOS, KMB, ABT, DOW, GM, MMM, AAL, DPS, LLY, LO, B, CL, PG, UPS
About The Week Ahead Market Report
All videos » |
Stock market definitions »
Hasbro Gives Disappointing Guidance
| Market News Video | Copyright © 2008 - 2014, 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.