Hello and welcome to another TFW2005 coverage of Hasbro’s Earnings Conference Calls. This time we are covering Q3 2016.
Hasbro has performed well on segments where Transformers brand exist. During the Q&A Session, Brian Goldner stated that Transformers: Combiner Wars did well.
“Transformers Business in the quarter was up” stated Brian Goldner, CEO of Hasbro. “We are really seeing how the addition of Fan Oriented Content that started this season on Machinima combined with our Core Boys Entertainment combined with our Pre-School Boys Entertainment is really driving that brand and taking it to the next level. It’s set up really well for 2017 when we go into the first year of three anticipated movies over the next three years.” continued Mr. Goldner.
You can read more and take a look at the slides, after the jump.
Brian Goldner stated the following:
“Hasbro Franchise Brands increased 2%. This growth was led by Magic: The Gathering, Nerf, Transformers and Play-Doh.”
“Nerf grew for the 15th consecutive quarter while Play-Doh extended its growth streak to 20 straight quarters. In addition, Transformers and Magic: The Gathering revenues increased. Transformers: Robots In Disguise animation as well as streaming content from Machinima is supporting product lines which have strong initial consumer reaction. Importantly, Transformers has good momentum heading into 2017, which marks the first of three years with planned major theatrical entertainment.”
“Backflip [Studios] has also unveiled several new mobile games this year based on Hasbro brands, including Transformers: Earth Wars and just last week, My Little Pony Puzzle Party.”
“In the U.S. and Canada segment, revenues increased 16%. Revenue growth in the Games and Girls categories more than offset declines in the Boys and Preschool categories. Hasbro Franchise Brand revenues grew 2%, with growth in Magic: The Gathering, Nerf and Transformers. Partner Brand revenues increased 13% in the segment, behind contributions from Hasbro’s line of Disney Princess and Disney’s Frozen, Dreamworks’ Trolls and to a lesser extent Yo-Kai Watch. Additional Hasbro brands, including Baby Alive, Easy Bake, Pie Face and Furby, also contributed to the year-over-year growth for the segment.”
“Within the International segment, the Boys, Girls and Preschool categories grew, while the Games category was flat. Franchise Brand revenues increased 4%, with growth in Magic: The Gathering, Play-Doh, Nerf and Transformers. Partner Brand revenues increased 30%, behind Hasbro’s shipments of Disney Princess and Disney’s Frozen, Yo-Kai Watch and Dreamworks’ Trolls Hasbro brands Baby Alive and Pie Face also contributed to the segment’s strong performance.”