Investing.com - Hasbro (NASDAQ:HAS) reported on Tuesday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Hasbro announced earnings per share of $1.15 on revenue of $1.34B. Analysts polled by Investing.com anticipated EPS of $0.9468 on revenue of $1.37B.
Hasbro shares are down 21% from the beginning of the year and are trading at $79.42 , down-from-52-week-high.They are under-performing the S&P 500 which is down 19.62% from the start of the year.
Hasbro follows other major Consumer Discretionary sector earnings this month
Hasbro's report follows an earnings beat by Nike on Monday, June 27, 2022, who reported EPS of $0.9 on revenue of $12.23B, compared to forecasts EPS of $0.8015 on revenue of $12.06B.
Fast Retailing ADR had beat expectations on Thursday with second quarter EPS of $0.6426 on revenue of $3.94B, compared to forecast for EPS of $0.2985 on revenue of $3.95B.
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