Hasbro targets double-digit revenue growth in emerging markets Hasbro says 2013 was a "challenging year in many ways", but the launch of new IP and brand innovations has "well-positioned" the company in 2014. Expects FY14 tax rate to be approximately 26%-27%. Comments taken form Q4 earnings conference call.
News For HAS From The Last 14 Days
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Hasbro poised for multiple expansion, says Wells Fargo Wells Fargo expects Hasbro's multiple to expand as a result of operating leverage that the company will have in developing markets. The firm expects the company to report slightly better than expected 2014 and 2015 results, and keeps an Outperform rating on the stock.