Hasbro HAS reported a 6.3% drop in its fourth-quarter earnings.
Hasbro's quarterly profit fell to $130.3 million, or $0.99 per share, from $139.1 million, or $1.06 per share, in the year-ago period. Excluding one-time items, its adjusted earnings came in at $1.20 per share, versus analysts' estimates of $1.19 per share.
Its sales declined 3.4% to $1.28 billion.
Its gross margin widened to 59.8% from 55.5%.
Hasbro shares rose 0.03% to $38.73 in after-hours trading.
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