Entertainment and licensing "basically saved the quarter", UBS analyst Arpine Kocharyan told Reuters.
In partner brands sales, increases in Beyblade, Marvel and Sesame Street revenue was offset by declines in Star Wars, Yo-Kai Watch and Disney Frozen revenue.
Hasbro's board of directors has declared a quarterly cash dividend of $0.63 per common share. "Much of this impact will be felt in the first two quarters of the year".
Franchise brands, like Nerf, Monopoly and My Little Pony performed well for the company, rising 11% in the quarter. Partner brands' results tend to be quite lumpy because this category is driven by movie openings.
As for segments, year-over-year revenue declined 1% to $751 million in US and Canada, dropped 5% - 10% absent foreign exchange - to $723 million in global, and grew 7% to $123 million in entertainment and licensing, driven by growth in consumer products and digital gaming.
Looking ahead, Disney's robust movie release lineup this year should provide a powerful tailwind for Hasbro's toy sales.
Meanwhile, more than 200 North Korean cheerleaders crossed the military demarcation line into South Korea on Wednesday. Vice President Mike Pence while he is in South Korea for the Pyeongchang Olympics.
President Bashar al-Assad's forces have gained ground in the southern edges of Idlib in recent weeks. The deadliest raids hit Beit Sawa and Hammuriyeh, the Observatory said. "It was hit by the planes".
At this point, it's unclear where this source code came from, and its legitimacy hasn't been 100 percent confirmed. The source code being mentioned here is reportedly for iBoot, which is one of the most important parts of iOS.
Both Ranveer and Deepika have mostly been open about their relationship, not trying to hide from the prying eyes of the paparazzi. Sanjay Leela Bhansali's magnum opus film " Padmaavat " is roaring at the box office and has no plans to stop soon.
Pence is leading the official US delegation to the 2018 Winter Olympics opening ceremony on Friday in Pyeongchang, South Korea. Rippon, 28, is the first openly gay US man to qualify for the Winter Olympics , according to the Huffington Post .
In other news, General Counsel Vijaya Gadde sold 135,000 shares of the stock in a transaction on Friday, November 10th. WARNING: This piece of content was originally published by TrueBlueTribune and is the property of of TrueBlueTribune.
Amazon announced a deal to buy Whole Foods for $13.7 billion back in June of a year ago , and the transaction closed in August . For 39 years, Whole Foods Market has been the world's leading natural and organic foods retailer.
They needed it because the Nets heated up in the fourth, as well, with Allen Crabbe scoring 19 of his game-high 34 in the quarter. The Nets fell behind by double-digits, and spent the rest of the night climbing back up the mountain only to tumble back down.
The institutional investors in our partner's database now hold: 22.26 million shares, down from 22.32 million shares in 2017Q2. The firm earned "Hold" rating on Monday, July 3 by Dougherty. iRobot (IRBT) traded up $1.04 on Wednesday, reaching $88.13.
Watts leads in the third round as well, Stone is eliminated
It took five ballots, but Vancouver-Quilchena MLA Andrew Wilkinson has emerged as the victor of the BC Liberal leadership race. He won with just over 53 per cent support after the final round of vote counting, while Watts had just under 47 per cent.
Elon Musk's Tesla announces biggest quarterly loss ever
If it reaches this output, CEO Elon Musk said in an earnings call that he expects Tesla's operating income to be in the black. Soroban Capital Partners Lp bought 1.00 million shares as the company's stock declined 6.06% while stock markets rallied.
Ford launched 2019 Transit Connect Wagon
You'll also find two USB ports, while wireless phone charging, navigation, and a nine-speaker sound system are optional. The automaker's SYNC voice-command and SYNC 3 with Ford+Alexa technology is available.
Tesla isn't making any promises on Model 3 production targets
Flat Earthers have been shut completely down after photos of the Tesla Roadster orbiting around Earth surfaced online Wednesday. Last fall, Musk just revealed a semi truck slated for production in the near future and a new ultra-luxury Roadster .
Snow and ice to hit NI later today
Friday morning will begin with a frosty start, leading to a bright and cold day with wintry showers fading out as the day goes on. The forecaster is predicting scattered snow showers on Thursday night with accumulations of less than 3cm.
Nate Diaz Confirms He's Aiming For Tyron Woodley Fight
What I like about that fight is I think dos Anjos will bring it. "I'm getting to the point where I'm sick of not fighting. The UFC welterweight champion went as far as to tell ESPN that he would "bet the house" on facing Diaz next.