On Monday, 20^th October 2014, Hasbro Inc. (NASDAQ: HAS), a branded play country, revealed its third quarter fiscal results. The company Hasbro, Inc. (NASDAQ: HAS), provides entertainment and leisure activity products for families and children; it has a vast entertainment properties and brands portfolio. Some of the prominent brands under its umbrella are Monopoly, Play-Doh and Transformers etc. The company announced its results and posted an improvement in its financial performance. It posted earnings of $1.46 per share compared to $1.37 per share for the same quarter of the previous year. Its revenue rose from $1.37 billion in 2013 to $1.45 billion in 2014. Hasbro, Inc. (NASDAQ: HAS), however did not give any forecasts on sales and earnings per share for the fourth quarter; however according to consensus estimates the company’s earnings per share would fall to $1.31 and revenue to around $1.38 billion.

In the third Quarter, revenues increased for all of its major operating segments. The company, which also invented My Little Pony, stated that its emerging markets earnings rose by 29% and franchise brand revenue grew by at least 36%. The net earnings and adjusted profit both grew in the same fiscal quarter, both by 9%. This allowed Hasbro, Inc. (NASDAQ: HAS) to repurchase 2.4 million shares in the stock market at an average price of $52.56 per share taking the total cost to $124.5 billion.

Despite having made a significant profit by selling popular items from televisions to digital games and motion pictures to comprehensive licensing programs and producing television programs for more than 180 territories, it has kept its deep commitment to social responsibility. The company is bent on making a safer and sustainable environment for future generations by having a positive impact on the lives of millions of children and their families. Because of its continuous efforts, it has been named one of the “World’s Most Ethical Companies” and tops the Corporate Responsibility Magazine’s for the 100 Best Corporate Citizens.

Brian Goldner, Hasbro, Inc. (NASDAQ: HAS) Chief Executive Officer has stated that the quarter results are a proof that the directors of the company are moving forward in the right direction. This is reflected by the momentum and trust in the key partner and franchise brands. According to him, this positive picture emerged mainly due to the positive results obtained by making global investments. The improved profitability and increased revenue across all the company’s operating segments are not only the result of compelling story telling and content, but also the strategic steps that have been taken to grow the portfolio of the brand and in the longer run, the content telling. A new strategic deal has also been signed with Disney Customer products, which pertains to merchandise products for the globally popular frozen and Disney princess properties.

Considering the decisions taken by Hasbro, Inc. (NASDAQ: HAS), it is believed that the market value of a single share of Hasbro, Inc. (NASDAQ: HAS) will stay in the range of $47.48 to $56. The current capital available to Hasbro, Inc. (NASDAQ: HAS) is around $7 billion.

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