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Hasbro’s Q1 Revenues Down Amid Toys”R”Us Liquidation

Hasbro’s net revenues decreased 16 percent to $716.3 million in the first quarter due to the liquidation of Toys”R”Us in the U.S. and U.K. and uncertainty in its other operations, as well as retail inventory overhang, primarily in Europe.



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About Joanna Padovano Tong

Joanna Padovano Tong is the managing editor of World Screen. She can be reached at jpadovano@worldscreen.com.

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