Consumer Goods Companies Announce Earnings Results, Share Buyback Program and Quarterly Cash Dividends - Research Report on Hasbro, LeapFrog, Nautilus, Callaway and Pool
NEW YORK, August 13, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Analysts' Corner announced new research reports highlighting Hasbro, Inc. (NASDAQ: HAS), LeapFrog Enterprises Inc. (NYSE: LF), Nautilus Inc. (NYSE: NLS), Callaway Golf Co. (NYSE: ELY) and Pool Corp. (NASDAQ: POOL). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Hasbro, Inc. Research Report
On August 1, 2013, Hasbro, Inc. (Hasbro) announced that its Board of Directors has approved a share repurchase program to buy an additional $500 million of its common stock. Deborah Thomas, Hasbro's CFO said, "The additional $500 million share repurchase authorization is consistent with our stated capital deployment priorities of strategically investing in our business and returning cash to our shareholders through the payment of our quarterly dividend and the repurchase of our shares." Hasbro also informed that its board has announced a quarterly cash dividend of $0.40 per common share, payable on November 15, 2013 to shareholders of record at the close of November 1, 2013. The Full Research Report on Hasbro, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/f8a8_HAS]
LeapFrog Enterprises Inc. Research Report
On August 1, 2013, LeapFrog Enterprises Inc. (LeapFrog) reported its financial results for Q2 2013 with revenue up 16.1% YoY to $83 million. Net loss was $3.3 million or $0.05 per diluted share, in Q2 2013, compared to net loss of $8.1 million or $0.12 per diluted share, in Q2 2012. Commenting on the results, CEO of LeapFrog, John Barbour, said, "In a challenging economic environment, we delivered strong net sales growth and improved our bottom line in the quarter while making strategic, long-term investments in the business. Our learning tablets, learn-to-read systems, and learning toys businesses each experienced double-digit net sales growth. Our performance speaks to the exceptional quality and rich educational content of our learning solutions and parents' priority to invest in their children's education." The Full Research Report on LeapFrog Enterprises Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/4641_LF]
Nautilus Inc. Research Report
On August 5, 2013, Nautilus Inc. (Nautilus) reported its financial results for Q2 2013 with revenues down 8.4% YoY to $36.2 million. Net income was $32.9 million or $1.05 per diluted share, compared to net loss of $164,000 or $0.01 per diluted share, in Q2 2012. Commenting on the results, CEO of Nautilus, Bruce M. Cazenave said, "During the second quarter, we continued to achieve growth in our Direct business and made a couple of strategic investment decisions to build support for the back half of the year and support longer term growth objectives. We made incremental investments in media for Direct products to establish the sales lead pipeline and also invested in launch activities in support of our new licensing initiative, which we believe will develop into a meaningful revenue source over the long term. As previously disclosed, we expected the second quarter for our Retail business to be a challenge from a year-over-year comparison point of view. Our Retail business in the second quarter last year benefited from customers accelerating their normal buying pattern from the third and fourth quarters in anticipation of the price increase implemented in the third quarter last year. The price increase was a positive factor in our improving gross margins." The Full Research Report on Nautilus Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/a918_NLS]
Callaway Golf Co. Research Report
On July 25, 2013, Callaway Golf Co. (Callaway) reported its Q2 2013 financial results. The Company's revenue decreased 11.2% YoY to $249.6 million during the quarter. Net income attributable to common shareholders was $9.3 million or $ 0.12 per diluted share in compared to 174,000 or $0 per diluted share in Q2 2012. President and CEO of Callaway, Chip Brewer stated, " With continued gains in market share in most major markets driving an increase in sales on a constant currency, continuing business basis of 1% and 6% respectively. Likewise, non-GAAP net income for the second quarter and first half of the year increased 71% and 86%, respectively, compared to the same periods in 2012. Our turnaround plan remains on track and we have been able to continue to grow our hard goods market share despite market conditions that remained challenging during the quarter due to both continued adverse weather conditions and higher than normal promotional activity in both North America and Europe." For full-year 2013, Callaway expects net sales to be within $810 million to $820 million range. The Full Research Report on Callaway Golf Co. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/b483_ELY]
Pool Corp. Research Report
On August 2, 2013, Pool Corp. (Pool) announced that its Board of Directors approved a quarterly cash dividend of $0.19 per share. According to the Company, the dividend will be payable on August 28, 2013 to holders of record on August 14, 2013. The Full Research Report on Pool Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/2357_POOL]
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SOURCE Analysts' Corner
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