Hasbro (HAS) reports earnings Monday April 24th before the bell.
Mattel (MAT) reported earnings this past week. It didn’t do so well. It said that kids aren’t playing with traditional toys like they used to. Mattel said that kids are playing with more electronic toys like iPads.
Last quarter Hasbro had a great earnings report. Plus, it was Santa’s busiest time of the year. One reason Hasbro had great earnings last quarter was because it has the license for Disney Princesses.
Beauty & the Beast has been a smash hit at the box office, earning over $1B already. This bodes wells for Hasbro and the BATB merchandise.
Just like Hasbro makes great gifts for kids. Hasbro long-dated calls will make great gifts for investors.
We recommend buying the January 2018 Hasbro calls.
We hope we get some Hasbro toys as birthday presents.
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