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"Snow White and Pocahontas are kicking Iron-Man’s and Captain America’s butts — and those of GI Joe and the rest of Hasbro’s boy-toy brands, as well. The toymaker reported on Monday that second-quarter revenue grew by 10 percent, to $879.9 million, from a year ago, largely on demand for girls’ toys. In especially hot demand were toys licensed from Disney’s Princess and Frozen doll lines, Hasbro said. Profits grew by 25 percent, to $52.1 million, or 41 cents a share, from $41.8 million, or 33 cents. Both profit and revenue beat Wall Street forecasts. Despite the beat, Hasbro shares tumbled 6.6 percent, to $79.62, on the weakness of the boys’ segment. Hasbro acquired the bottom-line-saving Disney rights from rival Mattel in 2014 and began selling the dolls this year. Sales of toys for girls grew by a whopping 35 percent in the quarter, but sales of toys geared to boys grew by just 4.3 percent — down significantly from the", nypost.com
"Read 'Hasbro beats estimates on strong demand for Disney Princess dolls' on Yahoo Finance Canada . Chief Executive Brian Goldner said the category was hit due to a massive drop in sales of toys based on 'Jurassic Park' and 'Jurassic World' films and Hasbro would no longer make 'Jurassic Park' toys from the end of 2017.", ca.finance.yahoo.com
"Toymaker Hasbro Inc reported higher-than-expected quarterly profit and revenue, driven by strong demand for its Disney Princess and Frozen dolls and its action figures based on 'Star Wars' movies. However, sales growth in its biggest business - toys targeted at boys - dropped to 4 percent in the second quarter from 24-32 percent in the prior three quarters. The No.2 U.S. toymaker's shares fell as much as 6.4 percent in morning trading on Monday. The stock was the biggest percentage loser on the S&P 500 index.", www.todayonline.com
"Furby Connect, the latest version of the popular toy, is more interactive than ever, with Bluetooth connectivity, LCD-screen eyes, and updated sensors that react to sound and touch. The Furby Connect app allows owners to interact more with their pet and watch videos that are updated on a regular basis", www.yahoo.com
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