Hasbro Shares Hit After Hollywood-Related Toy Sales Disappoint In Q2 Report

READ ON: Deadline
Star Wars: The Last Jedi will have to come to Hasbro’s rescue, at least when it comes to the toy maker’s ability to meet Wall Street’s earnings expectations. Company shares are down about 8% in early trading after it reported Q2 sales that — while in line with analyst forecasts — seemed light for “partner brands” which includes Hollywood-related products. Partner Brands merchandise revenues increased 1% to $230.0 million, and are down 9% to $443.0 million for the first…