NEW YORK, NY / ACCESSWIRE / April 25, 2017 / Both Kimberly Clark and Hasbro landed on the good side of earnings season Monday, with Hasbro hitting a home run with a record high, while Kimberly Clark posted better-than-expected earnings in first-quarter 2017 due to favorable currency impact and lower taxes.

RDI Initiates Coverage on:

Kimberly-Clark Corp.
https://ub.rdinvesting.com/news/?ticker=KMB

Hasbro, Inc.
https://ub.rdinvesting.com/news/?ticker=HAS

Shares of Kimberly Clark closed fairly flat on Monday after reporting earnings. The consumer products company, known for Huggies diapers and Kleenex tissue, reported a mixed earnings report for Q1 2017. Adjusted earnings of $1.57 per share came in modestly ahead of the Zacks Consensus Estimate of $1.54 by 1.95%. It also beat the company's results of $1.53 from one year ago by 2.6%. The company reported sales of $4.483 billion in the first quarter which trailed behind the Zacks Consensus Estimate of $4.507 billion by 0.5% and was flat from the prior-year quarter. Looking ahead, the consumer products company said it sees organic sales increase of 1% to 2% for 2017, compared to the company's previous call for 2% growth. Shares have been outperforming the Zacks categorized Consumer Products-Miscellaneous Staples industry since the past one year. Shares are up nearly 14% this year so far.

Access RDI's Kimberly-Clark Research Report at:
https://ub.rdinvesting.com/news/?ticker=KMB

Hasbro, Inc. shares hit a record high of $104.14 on Monday after releasing earnings that beat views. The toy maker earned 43 cents a share, excluding an 11-cent gain due to a new accounting standard and saw revenue edge up 2.2% to $849.7 million. In comparison, analysts had expected EPS of 38 cents with sales down to $822.1 million. Strong growth in digital gaming was cited for fueling the increase. The company also passed Mattel Inc. for the first time in quarterly revenue since 2000. Revenue from franchise brands rose 1.7% to $423.6 million. CEO Brian Goldner said in a statement, "Over the coming quarters, we are supporting significant new initiatives including major theatrical films for both Franchise and Partner Brands." Shares of Hasbro are up roughly 30% this year.

Access RDI's Hasbro Research Report at:
https://ub.rdinvesting.com/news/?ticker=HAS

Our Actionable Research on Kimberly-Clark Corp. (NYSE: KMB) and Hasbro, Inc. (NASDAQ: HAS) can be downloaded free of charge at Research Driven Investing.

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