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04-21-2014, 05:54 AM | #1 |
Join Date: Sep 2011
Location: Isla Nublar
Posts: 1,778
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Hasbro posted a big gain for the 1st quarter of 2014. In both catagories Girl's and Boy's toys (My little pony and all action figure lines) the exception seems to be Games and Preschool toys. Hasbro's total profit topped 670 million up from 663 million dollars in 2013, a 13 million dollar gain. Girl Power: Hasbro returns to 1st-quarter profit as sales of girls’ toys strengthen | 570News
On the other side Mattel has done nothing but lose money in the 1st Quarter of 2014. The Girls lines (Barbie, Monster/Ever After High and Disney Princesses) lost around 14%, The Preschool Lines lost 6%, for a grand total loss of over 27%.. Mattel finished higher then Hasbro at just over 945 million the loss in the first quarter was nearly 50 million dollars from this time last year. Mattel reports 1st quarter loss on weak sales of Barbie, weakness internationally - CNTVNA I would expect the losses on Mattels side to continue to grow and it appears that 1/4 of the the money not going to Mattel is going to Hasbro.
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