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By Erik Arneson, About.com Guide to Board / Card Games since 1999

Hasbro's First Quarter 2004 Results

Saturday April 24, 2004
Hasbro recently reported its financial results for the first quarter of 2004. Worldwide net revenues for the quarter were $474.2 million compared to $461.8 million a year ago; revenues in the Games segment were $127.6 million for the quarter, up 14% compared to $112.2 million a year ago.

The Games segment reported operating profit of $19.6 million compared to an operating profit of $18.0 million last year.

According to a press release, the increase in Games segment revenue is primarily related to trading card games, including the successful launch of Duel Masters in early March.

The board game business experienced significant growth in the children's and pre-school categories, which was offset by a decline in the adult game category, primarily related to the Trivial Pursuit 20th Anniversary Edition, now in its third year domestically.

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