Hasbro Earnings: Revenue Decline Ahead

Toy and Entertainment Company Hasbro Faces Challenging Quarter

Toy and entertainment company Hasbro is set to release its earnings report tomorrow before the market opens, and analysts are predicting a challenging quarter for the company. Last quarter, Hasbro reported revenues of $1.50 billion, a 10.3% decrease compared to the previous year. This fell short of analyst expectations by 8.7%, making it a disappointing quarter for the company. In addition, Hasbro missed both revenue and EPS estimates from analysts.