Hasbro (HAS) Raises Quarterly Dividend 7.9% to $0.68; 3% Yield
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Hasbro Reports Full-Year and Fourth Quarter 2018 Financial Results
February 8, 2019 6:30 AM ESTBoard of Directors Increases Quarterly Dividend 8%, or $0.05 per share, to $0.68 per share
Full-Year 2018
2018 full-year net revenues of $4.58 billion decreased 12%, including an unfavorable $43.0 million impact of foreign exchange; 2018 revenues grew in the Entertainment and Licensing segment, but declined in the U.S. and Canada and International operating segments; Retailer inventories declined significantly in the U.S. and Europe, reflecting the loss of ToysRUs in addition to the Companys and retailers continued efforts to reduce retail inventory levels;... More