Hasbro and Mattel Report Drops in Q1 Profits

By on April 15, 2011

Hasbro’s profits dropped 71% in Q1 2011 against Q1 2010 ($58.9 million to $17.2 million; source ). However, revenues were about the same for both quarters, which means that they took in the same amount of money but spent a lot investing in their new projects, such as The Hub. Beyblade was a big seller, but games and puzzles overall fell 12%. Still, profits were…

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Hasbro and Mattel Report Drops in Q1 Profits

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