As domestic Toys 'R Us headwinds subside at Hasbro, profit growth set to resume in back half of 2018
With the domestic Toys ‘R Us liquidation largely in the rearview mirror, Hasbro could be set to deliver modestly positive top-line growth again beginning in its fiscal third quarter. Hasbro’s second-quarter sales were already trending better than we expected, falling 7% versus the 10% decline we anticipated. Sales in the U.S. and Canada contracted just 7%, around the percentage of sales Toys ‘R Us represented in 2017, while International business sales continued to struggle, falling 11%, as Euro...Hasbro is a global play and entertainment company. The company's segments are: United States and Canada, which includes the marketing and selling of action figures, electronic toys and related electronic interactive products, among others, primarily within the United States and Canada; International, which markets and sells both toy and game products primarily in the European, Asia Pacific, and Latin and South American regions; Entertainment, Licensing and Digital, which includes consumer products licensing, digital gaming, movie and television entertainment operations; and Global Operations, which sources finished products for the company's United States and Canada and International segments.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
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