hasbro inc (HAS) Key Developments
Hasbro, Inc. Declares Quarterly Cash Dividend, Payable on August 17, 2015
May 21 15
Hasbro Inc. announced that its Board of Directors has declared a quarterly cash dividend of $0.46 per common share. The dividend will be payable on August 17, 2015 to shareholders of record at the close of business on August 3, 2015.
Hasbro Inc. Announces Dividend Increase, Payable on May 15, 2015
May 11 15
Hasbro Inc. announced that dividend increased 7% in February 2015 to $0.46 per share, payable on May 15, 2015.
Hasbro Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 29, 2015; Provides Tax Rate Guidance for the Year 2015
Apr 20 15
Hasbro Inc. announced unaudited consolidated earnings results for the first quarter ended March 29, 2015. For the quarter, the company reported a 17% drop in profit to $26.7 million or 21 cents diluted per share, compared with $32.1 million or 24 cents diluted per share a year earlier. Net revenues were $713,500,000 against $679,453,000 a year ago. Operating profit was $54,205,000 against $43,448,000 a year ago. Earnings before income taxes was $34,315,000 against $25,995,000 a year ago. Net cash provided by operating activities was $315,281,000 against $242,041,000 a year ago. Additions to property, plant and equipment was $31,151,000 against $22,239,000 a year ago. EBITDA was $932,255,000 against $83,330,000 a year ago. Net earnings, as adjusted was $26,667,000 against $0.21 per diluted share against $18,607,000 or $0.14 per diluted share a year ago.
The company expects full year of 2015 underlying tax rate to be in the range of 26.5% to 27.5%, reflecting continued higher anticipated earnings in the U.S.
Hasbro, Inc. and Hasbro SA Entered into Second Amended and Restated Revolving Credit Agreement
Apr 2 15
Hasbro Inc. and Hasbro SA entered into a Second Amended and Restated Revolving Credit Agreement with: (i) Bank of America, N.A. (Bank of America), as Administrative Agent, Swing Line Lender, L/C Issuer and a Lender, (ii) Merrill Lynch, Pierce, Fenner & Smith Incorporated, Citigroup Global Markets Inc., Citizens Bank, N.A., and SunTrust Robinson Humphrey Inc., as joint lead arrangers and book runners, and (iii) the other financial institutions party thereto from time to time. The amended agreement amends and restates the company's amended and restated revolving credit agreement, dated October 25, 2012. The amended agreement continues to provide for a $700 million facility, but it extends the term of the facility from October 25, 2017 to March 30, 2020 and reduces certain fees payable under the facility.
Hasbro Inc. to Report Q1, 2015 Results on Apr 20, 2015
Mar 23 15
Hasbro Inc. announced that they will report Q1, 2015 results at 8:30 AM, US Eastern Standard Time on Apr 20, 2015