Hasbro 2Q2008 Profits Up, Sales Rise 13%

Discussion in 'Transformers News and Rumors' started by Tim Formas, Jul 21, 2008.

  1. Tim Formas

    Tim Formas Old Man Administrator

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  2. Railguard

    Railguard Battalion Commander

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    Well now that Hasbro and others related to the the Universe release and any other I did not mention have made their initial profits, maybe they can start to reconsider some things about the Universe line, like tying up some loose ends?
     
  3. Johnator

    Johnator 'Til All Are Gone!

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    Just curious. What would you like tied up?
     
  4. nkelsch

    nkelsch Do you know this Icon? TFW2005 Supporter

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    Animated and The Movie line are extremely successful beyond Hasbro's wildest dreams... So lets re-invest in a background filler line like animated, that is the formula for success.

    Hasbro said they would take some of the success and make products for the 5-10% fan-collectors but the primary lines are still the growing focus.
     
  5. Foster

    Foster Super Mod

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    More from Marketwatch, for the finincial nerds like me:

    Hasbro Reports Second Quarter 2008 Results - MarketWatch
     
  6. neospark1

    neospark1 Well-Known Member

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    Wow,

    Maybe they can use some of these profits to create Transformer toys that do not fall apart by looking at them, don't look like they have been through a splash paint bath, and actually use paint that does not just rub off?
     
  7. Foster

    Foster Super Mod

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    :lol  Serves them right for taking the lead out of the paint.
     
  8. First Gen

    First Gen I AM

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    I just listened to the webcast. This is great news all around. Big success means better things to look foward too. I'm sure Animated will help out 3rd Qtr. results and if Wave 1 of universe is any indicator, this is gonna be huge.

    I don't know about you guys, but they can't keep Universe figures on the shelves around my part.

    This is something Transfans all over can be happy about.
     
  9. smkspy

    smkspy is one nice fucking kitty

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    Great profits are up so prices should come down to entice more people to buy more product...ha ha yeah right.
     
  10. ian5555

    ian5555 Well-Known Member

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    Why did you change it to Transformers in your quote? Indiana Jones and GI Joe were listed but not Transformers in the article as being main contributers to their success in the first paragraph.

    We'll see what Q3 does to see if Transformers is a cash cow for them as Q2 just missed TFA pretty much. Pretty early to tell if the line is selling good as I still see lots of product and shelf warmers.

    Did you also notice they are hiking up prices starting September 1st? Get your stuff now if you can.
     
  11. Tim Formas

    Tim Formas Old Man Administrator

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    Weird. Reuters apparently updated their article. That quote was the original opening paragraph to that article and the press release was only 2 pages then instead of the 3 pages there are now. Very weird.
     
  12. ian5555

    ian5555 Well-Known Member

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    Yeah, cause the referenced Transformers later on as a contributer. I see alot of IJ though clogging the aisles didn't think it was selling so good.
     
  13. nkelsch

    nkelsch Do you know this Icon? TFW2005 Supporter

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    Woah woah what?

    Price points are going up? When did this get announced?
     
  14. neospark1

    neospark1 Well-Known Member

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    It was right after they forgot what quality and quality control means.
     
  15. Beastbot X

    Beastbot X The Toad Knows.

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    INDIANA JONES contributed to this? You're kidding me. Those have been the biggest movie toy shelf warmers around here since the original Hulk movie...
     
  16. neospark1

    neospark1 Well-Known Member

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  17. Feralstorm

    Feralstorm I ship Nick & Judy TFW2005 Supporter

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    If you're putting your mouth on your toys, you deserve what you get. :) 
     
  18. Transfan2

    Transfan2 TFW2005 Supporter

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    The news has me a bit worried since it sounds like they will get even more expensive and with oil going up & down lately...how much the Transformers are going up is the true question to that.

    This is my concern regarding this matter and thanks for allowing me to say it.

    -TF2
     
  19. Omnibus Prime

    Omnibus Prime I'm too old for this shit TFW2005 Supporter

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  20. Transfan2

    Transfan2 TFW2005 Supporter

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    I agree while Hasbro getting well paid for their stuff is a good thing for that company, I think raising prices especially during a "Recession" is a bad move which I think we need to alert them somehow to stop this from occurring before Prices raise on 9/01/08.

    -TF2
     

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