Hasbro beats by $0.02, beats on revs :
- Reports Q2 (Jun) earnings of $0.41 per share, excluding non-recurring items, $0.02 better thanthe Capital IQ Consensus of $0.39; revenues rose 10.2% year/year to $878.9 mln vs the $859.3 mln Capital IQ Consensus.
- Second quarter 2016 revenues grew 11% in the U.S. and Canada segment and 11% in the International segment
- Absent the negative $17.0 million impact of foreign exchange, International segment revenues increased 15%
- The Entertainment and Licensing segment increased 9%
- Growth in all categories: Boys, Games, Girls and Preschool; Franchise Brand revenues up 3%
- NERF and PLAY-DOH revenues posted double-digit growth; Partner Brand revenues grew 15% primarily driven by Star Wars, Disney Princess and Disney's Frozen
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