Freedom, truth, love, beauty.
1 Aug, 2008
11:57am
The increases in gross profit were partially offset in the quarter and fully offset in the six months by increased operating expenses, primarily increased product development as a result of increased investment in the Company’s digital initiative related to its Wizards of the Coast subsidiary, and higher royalty expense resulting from increased sales of entertainment-based products.
—Damning words regarding WotC’s failure to deliver on its “digitial initiatives” from Hasbro’s 01 Aug 2008 10-Q filing to the SEC.
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