Hasbro 2Q results

[Krug]

http://www.corporate-ir.net/ireye/ir_site.zhtml?ticker=HAS&script=411&layout=-6&item_id=730898

 

[William Ronald]

To me, this is the most interesting part of the press release:

Revenues in the Games segment were $142.9 million for the quarter compared to $161.6 million a year ago. The decrease in revenue is primarily related to trading card games, with both DUEL MASTERS and MAGIC: THE GATHERING trading card games down year over year. In addition, board game revenues declined due to the increasing seasonality of the business which reflects retailers continuing focus on keeping inventory levels down. The Games segment reported operating profit of $13.4 million compared to an operating profit of $28.7 million last year, primarily due to a decline in volume, particularly trading card games which have a higher margin than the board game business.

Although net revenues are up 11% to $572.4 million, due to Star Wars products sales, I wonder if the news from the games segment indicates that Hasbro might be more interested in selling some of their game licenses -- such as the Dungeons and Dragons line, or other products acquired in the purchase of Wizards of the Coast. Time will tell.

 

[JoelF]

I wonder what this means for how D&D and other RPGs from Wizards did. They mention that the trading card games did worse than previously - if the RPGs did the same, then their value has increased compared to the trading card games.

 

[francisca]

Hoody Hoo!!!!

Time for the quasi-annual discussion of HazeBros bottom line featuring:

--Will this news hasten the arrival of 4e?
--speculation RE: does the board of directors even know what D&D/RPGs are?
--what percentage of Hasbro's sales is D&D?
--Will hasbro spin off D&D or maybe all of WotC? (Oh Noes!!! --or-- Oh yes!! depending on your take)
--Who would you want to take over D&D?
--Predictions, predictions, and more predictions
--admonishment for the predictions and general lack of understanding of the business aspects of the gaming industry

Somebody oughta just pull some thread necromancy and find the old ones. Be interesting to see who was wrong right in their predictions, at least.

--veteran of these sorts of things Spikey

 

[Bobitron]

I can't help it. Those My Little Pony toys are just so cute!

Anyone have an idea how well Magic Online is doing? Looking at how many people are online at any given time, it seems like a slam dunk.

 

[philreed]

--Will this news hasten the arrival of 4e?

Actually, I heard several rumors now that 4e will be out next month at GenCon. It was printed in Hong Kong and word is copies are already starting to trickle out to the streets.

Secret text follows. Grab your decoder, boys and girls!

Of course, none of this is true. But where would this thread be without an internet rumor?

 

[francisca]

Actually, I heard several rumors now that 4e will be out next month at GenCon. It was printed in Hong Kong and word is copies are already starting to trickle out to the streets.

Secret text follows. Grab your decoder, boys and girls!

<shakes fist at Dr. Phil....> Curse you! Curse you!!! That was "need to know, compartmentalised" info!!

 

[DaveMage]

I'd guess that since RPGs weren't even mentioned that the D&D impact isn't that significant.

 

[MacMathan]

So I know we have been through this in years past but does anyone have an idea of how much of that 13mil WoTC products cover? I presume a small minority.

 

[francisca]

So I know we have been through this in years past but does anyone have an idea of how much of that 13mil WoTC products cover? I presume a small minority.

I'm pretty sure it boiled down to: we'll never know, the statements don't break it down that way.