RTTNews | Jul 27, 2020 10:00AM EDT

10:00 Monday, July 27, 2020 (RTTNews.com) - Shares of play and entertainment company, Hasbro, Inc. (HAS) are down more than 7% Monday morning following a 29% decline in its second-quarter revenue.

During the quarter, revenue dropped 29% year-over-year to $860.3 million hurt by store closures due to Covid-19.

Earnings on an adjusted basis were $2.7 million or $0.02 per share.

Hasbro stock is currently trading at $71.40. It has traded in the range of $41.33- $126.87 in the last one year.

Read the original article on RTTNews ( https://www.rttnews.com/3114518/stock-alert-hasbro-slips-7-on-revenue-loss.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com All Rights Reserved