Post Toys R Us, Mattel and Hasbro on different paths

Hasbro shares early Friday plunged more than 10% after the toymaker, which sells popular brands like Nerf, My Little Pony, Transformers, Play-Doh and Monopoly, reported that fourth quarter net revenues fell 13% to $1.39 billion while net earnings rose to $8.8 million from its $5.3 million loss in the year-ago quarter. Mattel had a better day, with shares rising after its Thursday report that, while fourth quarter net sales fell 5%, it managed to boost its adjusted operating...
Read more...

;