Toymaker Hasbro (NASDAQ: HAS)reported first-quarter 2018 results before the market opened on Monday. Revenue and adjusted earnings per share (EPS) dropped 16% and 81%, respectively, from the year-ago period. The company attributed the declines to the "liquidation of Toys R Us in the U.S. and U.K., along with uncertainty in its other operations, as well as retail inventory overhang, primarily in Europe.
"Hasbro Earnings Take a Hit From Toys R Us Liquidation
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