Mattel nearly doubles its profits (Toy Story 3) from last year’s 2nd quarter, yet they still fall below estimates. (source) Profits $51.6 million, revenues $1.02 billion.
Hasbro’s profits climbed to $43.6 million from $39.3 million in last year’s 2nd quarter. Revenues down ($737.8 million), but costs were down further. (source) Update: Games and puzzles up 22%, on sales of Magic: the Gathering, Monopoly, Operation, and The Game of Life. (source)
Meanwhile, video games are down again. Hardware slightly up, but overall the industry is down 6% from last year. (source) This may be because, while people mostly play casual games, they also mostly don’t pay for them. (source)
Tim Harford writes a very long article in the Financial Times about the modern board game industry. (source)
The Minneapolis / St Paul Business Journal pimps Christian Petersen and Fantasy Flight Games. (source)