Reply to thread

Message: <blockquote data-quote="Jer" data-source="post: 8698959" data-attributes="member: 19857">It's more like you inherited a chunk of money last year in June and then this year you look at your bank account this year and wonder "why is my account lower than the same time last year"?But yeah - that's why they need the narrative explanation of "we only look like we're performing worse because we didn't have a big video game drop this year, we've actually expanded in other areas" to the investors. Because just plopping down the numbers they're required to file with the SEC would make the story look worse than they think it actually is.(A lot of these questions about "why do they report things this way" are due to the requirements of SEC regulations, mixed with the standard corporate desire to only show themselves in the most positive light possible - which the SEC regulations are partially there to fight against though when you make a rule people will figure out how to game it.  So the Dark Alliance explanation is Hasbro's "spin" on why the numbers they're required to report look a little bad, but actually represent an opportunity rather than a downturn for the company. It's up to each individual investor whether they buy that that's the case or not. I suspect it's true - it certainly makes sense as an explanation that the lack of new release this year at the same time would make the numbers smaller.)</blockquote>