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Hasbro's Earnings Conf. Call Transcript
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<blockquote data-quote="filthgrinder" data-source="post: 4764739" data-attributes="member: 64984"><p>There isn't a whole lot of information here, and nothing to really have a reaction one way or another. The question is just regarding costs from last year compared to this year. Last year, they had costs related to D&D Insider. Since they hadn't released DDI yet, they had no revenue from it, so that cost was listed as an investment on their financials. This year, the product is out, and they are receiving revenue from it, so the project's costs are no longer listed as investments.</p><p></p><p>The question was basically, "Looks like you moved some costs around", and the answer is "we had some costs listed as investments, but now those costs are classified elsewhere since we are seeing revenue."</p><p></p><p>As for their profit drops, you have to remember there is a transformers and a gi joe movie coming out this summer. They are going to get huge bumps from that. Depending on how the market reacts, it might be a good time to grab some stock and sit on it till the end of the summer.</p><p></p><p>Anyways, there really is nothing to read into this.</p></blockquote><p></p>
[QUOTE="filthgrinder, post: 4764739, member: 64984"] There isn't a whole lot of information here, and nothing to really have a reaction one way or another. The question is just regarding costs from last year compared to this year. Last year, they had costs related to D&D Insider. Since they hadn't released DDI yet, they had no revenue from it, so that cost was listed as an investment on their financials. This year, the product is out, and they are receiving revenue from it, so the project's costs are no longer listed as investments. The question was basically, "Looks like you moved some costs around", and the answer is "we had some costs listed as investments, but now those costs are classified elsewhere since we are seeing revenue." As for their profit drops, you have to remember there is a transformers and a gi joe movie coming out this summer. They are going to get huge bumps from that. Depending on how the market reacts, it might be a good time to grab some stock and sit on it till the end of the summer. Anyways, there really is nothing to read into this. [/QUOTE]
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Hasbro's Earnings Conf. Call Transcript
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