Oct 10, 2008

Hasbro Reports Third Quarter 2008 Results

Hasbro, Inc. today reported third quarter net revenues of $1.3 billion, an increase of $78.9 million or 6% compared to $1.2 billion a year ago, or an increase of 5%, excluding the favorable foreign exchange impact of $19.4 million. The Company reported net earnings for the quarter of $138.2 million or $0.89 per diluted share, compared to $161.6 million or $0.95 per diluted share in 2007. The 2007 results for the quarter include a favorable tax adjustment of $29.6 million or $0.17 per diluted share. Excluding the impact of the favorable tax adjustment, 2007 net earnings for the quarter would have been $132.0 million or $0.78 per diluted share. During the quarter, the Company spent a total of $150.0 million to repurchase 4.0 million shares of common stock. Year-to-date, the Company spent a total of $357.6 million to repurchase 11.7 million shares of common stock at an average share price of $30.47. As of quarter end, there was $252.4 million remaining in the current share repurchase authorization.

Oct 03, 2008

Hasbro, Inc. Announces Quarterly Cash Dividend on Common Shares

Hasbro, Inc. announced that its Board of Directors has declared a quarterly cash dividend of $0.20 per common share. The dividend will be payable on November 17, 2008 to shareholders of record at the close of business on November 3, 2008.

July 1, 2008

Hasbro Elects Tracy Leinbach to Its Board of Directors

May 29, 2008

Hasbro Names Mike Riley as Vice President, Entertainment Marketing

May 22, 2008

Hasbro, Inc. Announces Quarterly Cash Dividend on Common Shares

Hasbro, Inc. announced that its Board of Directors has declared a quarterly cash dividend of $0.20 per common share. The dividend will be payable on August 15, 2008 to shareholders of record at the close of business on August 1, 2008.

May 22, 2008

Brian Goldner Becomes Hasbro's CEO, David Hargreaves Named Chief Operating Officer

May 12, 2008

Hasbro Names Bennett Schneir to New Post as Company's Senior Vice President, Managing Director, Motion Pictures

April 21, 2008

Hasbro Reports First Quarter Results

Hasbro, Inc. reported net revenues of $704.2 million, an increase of $78.9 million or 13% compared to $625.3 million a year ago, or an increase of 9%, net of the favorable foreign exchange impact of $25.4 million. The Company reported net earnings of $37.5 million or $0.25 per diluted share, compared to $32.9 million or $0.19 per diluted share in 2007. During the quarter, the Board of Directors increased the May 2008 quarterly dividend by $0.04 per share, or 25%, to $0.20 per share. This is the fifth consecutive annual increase and the highest it has been in the history of the Company. Additionally, the Company spent a total of $156.0 million to repurchase 6.1 million shares of common stock at an average price of $25.63 per share.

March 31, 2008

Hasbro Acquires Trivial Pursuit

Hasbro, Inc. announced today that it has purchased all of the intellectual property rights related to the Trivial Pursuit brand from Horn Abbot Ltd. and Horn Abbot International Limited. Hasbro paid the Horn Abbot companies $80 million (aggregate purchase price) for their intellectual property. Hasbro has developed, marketed and sold Trivial Pursuit under license from the Horn Abbot companies since 1983.

Feb. 27, 2008

Hasbro Elects Kenneth Bronfin to Its Board of Directors

Hasbro, Inc. announced today that Kenneth A. Bronfin, President of Hearst Interactive Media, has been elected to the Company's Board of Directors effective March 1, 2008.

Feb. 20, 2008

Universal Pictures and Hasbro Sign Strategic Partnership

Feb. 13, 2008

Hasbro Unveils Innovative New Toys, Games and Entertainment Experiences at Toy Fair 2008

Feb 11, 2008

Hasbro's Al Verrecchia to Become Chairman of the Board; Brian Goldner Named Next Chief Executive Officer

Hasbro, Inc. announced that after 43 years with the Company, Al Verrecchia, 64, has decided to step down as CEO and will become the Company's Chairman of the Board. Brian Goldner, 44, currently Hasbro's Chief Operating Officer, will succeed Mr. Verrecchia as Chief Executive Officer. These changes will be effective on May 22nd, the date of Company's Annual Meeting of Shareholders. Mr. Goldner was also named to the Company's Board of Directors. Alan Hassenfeld, currently the Non-Executive Chairman of the Board will step down from that role in May, but remain a board member and continue to Chair the Board's Executive Committee. Mr. Verrecchia will remain Chairman through the end of 2008, at which time he will transition to be the Non-Executive Chairman of the Board.

Feb. 11, 2008

Hasbro Reports Record Net Earnings and Seventh Consecutive Year of E.P.S. Growth

Hasbro, Inc. today reported 2007 fourth quarter and full-year results. For the fourth quarter the Company reported net revenues of $1.3 billion, an increase of $181.4 million or 16%, compared to $1.1 billion a year ago. The Company reported net earnings for the quarter of $133.7 million or $0.84 per diluted share, compared to $108.3 million or $0.62 per diluted share in 2006. For the year, the Company reported record net earnings of $333.0 million, or $1.97 per diluted share, compared to $230.1 million or $1.29 per diluted share in 2006. The 2007 results include a favorable tax adjustment of $29.6 million or $0.17 per diluted share that was taken in the third quarter. In addition, the 2007 and 2006 full-year results included expenses of $0.23 per diluted share or $44.4 million, and $0.14 per diluted share or $31.8 million, respectively, related to the Lucas warrants mark to market. The Company exercised the right to purchase the warrants in the second quarter of 2007. For the year, worldwide net revenues were $3.8 billion, an increase of $686.1 million or 22%, compared to $3.2 billion a year ago.

The Company repurchased a total of 20.8 million shares of common stock during 2007, at a total cost of $587.0 million, leaving $109.6 million in the share repurchase authorization as of year end. Since the inception of its buyback program in June 2005, the Company has repurchased 45.9 million shares at a total cost of $1.1 billion, at an average price of $23.73 per share. Additionally, last week the Board of Directors increased the share buy-back program by a further $500 million and increased the quarterly dividend by $0.04 per share to $0.20 per share; this is the fifth consecutive year the dividend was increased.

Feb. 7, 2008

Hasbro, Inc. Announces Additional $500 Million Share Repurchase Authorization

Hasbro, Inc. announced that its Board of Directors has authorized the Company to repurchase an additional $500 million in common stock. Repurchases of the Company's common stock may be made from time to time, subject to market conditions. These shares may be purchased in the open market or through privately negotiated transactions. Hasbro has no obligation to repurchase shares under the authorization, and the timing, actual number and value of shares which are repurchased will depend on a number of factors, including the price of the Company's common stock. The Company may suspend or discontinue the repurchase program at any time. The Company announced a $500 million share repurchase authorization in August 2007, which has $48.3 million remaining in the authorization. Since May 2005, the Company has spent $1.152 billion to repurchase 48,495,100 shares (not including $200 million spent to retire the Lucas warrants for 15,750,000 million shares in May 2007).

Feb. 7, 2008

Hasbro, Inc. Announces an Increased Quarterly Cash Dividend on Common Shares

Hasbro, Inc. announced that its Board of Directors has declared a quarterly cash dividend of $0.20 per common share, an increase of $0.04 per share or 25% from the previous quarterly dividend of $0.16 per common share. The dividend will be payable on May 15, 2008 to shareholders of record at the close of business on May 1, 2008.

Jan. 25, 2008

Hasbro Closes Acquisition of Cranium, Inc.

Jan. 4, 2008

Hasbro Announces Agreement to Acquire Cranium, Inc.

Hasbro, Inc., the world's second-largest toy and game company, announced today that it has entered into an agreement to acquire privately-held Cranium, Inc., and its wide range of Cranium branded games and related products. Hasbro will pay a base purchase price of $77.5 million, which may be adjusted based on Cranium's net assets on the closing date. The deal is expected to close during the 1st quarter of 2008. "This acquisition is consistent with Hasbro's ongoing strategy to bring to market the most innovative toy and game brands in the world," said Brian Goldner, Chief Operating Officer for Hasbro, Inc.