Standing by that would be correct. They are. Net Earnings up 3% shows an increase in profits that can't be argued otherwise. (Net earnings already removes operating costs.) The only people that argue otherwise are trolls that want Hasbro to fail, and if they had their way, they'd drive the company into the ground with bad choices.

The only losses at all reported were from the TRU bankruptcy. Which had nothing to do with Hasbro and impacted all toy manufacturers for this quarter.

 

When I got back into TFs in 2012 I would expect to pay £10.99 for a Deluxe generally. So it's actually OVER a 100% increase in just 5 years.

 

That has to do with inflation, and was something they were trying to curtail back in 2012 and prior. Which is why we saw such a sharp increase from so many years of trying to keep prices down in spite of inflation. That's an entirely different economics discussion of how costs have been going up, but wages haven't. Which is something Hasbro has to factor into their pricing etc to make sure consumers can still afford the goods they produce.

 

The sky high gas prices during the Gulf War sent the toy prices up. When the gas prices went back down, Hasbro kept the prices going up. And still going & going & going. And production ended up in Vietnam with talk of it moving to India. Now we have shitty QC & I have to repair pretty much every new Transformer I buy. It's all bullshit! (insert jerking off smiley)