Financial Times FT.com

Stock options hit Hasbro bottom line

By Lauren Foster in New York

Published: April 24 2006 20:47 | Last updated: April 24 2006 20:47

Hasbro, the world’s second-largest toy maker, on Monday reported a 3 per cent rise in first-quarter revenues but the cost of stock options and foreign currency fluctuations weighed on the bottom line.

The maker of Monopoly, GI Joe action figures and Star Wars toys said its loss widened to $4.9m, or 3 cents a share, from $4.1m, or 2 cents a share, a year ago. The loss included $4.1m, or 2 cents a share, in costs for stock options.

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