New York Post

Girls beating boys in sales of Hasbro toys

- By LISA FICKENSCHE­R lfickensch­er@nypost.com

Snow White and Pocahontas are kicking Iron-Man’s and Captain America’s butts — and those of GI Joe and the rest of Hasbro’s boytoy brands, as well.

The toymaker reported on Monday that second-quarter revenue grew by 10 percent, to $879.9 million, from a year ago, largely on demand for girls’ toys.

In especially hot demand were toys licensed from Disney’s Prin- cess and Frozen doll lines, Hasbro said.

Profits grew by 25 percent, to $52.1 million, or 41 cents a share, from $41.8 million, or 33 cents.

Both profit and revenue beat Wall Street forecasts. Despite the beat, Hasbro shares tumbled 6.6 percent, to $79.62, on the weakness of the boys’ segment.

Hasbro acquired the bottomline-saving Disney rights from rival Mattel in 2014 and began selling the dolls this year.

Sales of toys for girls grew by a whopping 35 percent in the quarter, but sales of toys geared to boys grew by just 4.3 percent — down significan­tly from the 24 percent gain for boys’ toys in the first quarter.

Hasbro honchos blamed the boytoy slowdown on weak sales of merchandis­e related to “Jurassic Park” and “Jurassic World” movies — and they predicted the weakness would discontinu­e next year.

Demand for “Transforme­rs” ac- tion figures fell — revenue was down 20 percent — because there was no movie last year to boost interest in “Transforme­rs” toys.

“The boys market is highly entertainm­ent dependent,” noted Chris Byrne, content director for TTPM, a toy review Web site.

Toy analysts expect sales from “Transforme­rs” merchandis­e to tick back up next year, however, when “Transforme­rs: The Last Knight” opens.

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