Toy-maker Hasbro Inc. (NASDAQ: HAS) reported second quarter 2020 earnings results today.
Revenues dropped 29% year-over-year to $860.3 million, hurt by store closures and product shortages.
Net loss attributable to Hasbro was $33.9 million, or $0.25 per share, versus earnings of $13.4 million, or $0.11 per share, in the same period last year. Adjusted net income was $2.7 million, or $0.02 per share.
The company expects revenue from shipments to brick and mortar customers and delivery of content to meet demand to continue to be impacted by COVID-19 closures. Hasbro now expects 2020 content production cash spend to be in the range of around $450-$550 million.
Target Corporation (NYSE: TGT) reported fourth-quarter 2020 financial results before the opening bell today. The department store chain reported Q4 revenue of $28.3 billion, up 21% year-over-year and higher than
Autodesk, Inc. (NASDAQ: ADSK) today reported its fourth quarter financial results for the period ended January 31, 2021. Net income for the fourth quarter was $911.3 million, or $4.10 per
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