We've made significant progress in our cost savings initiatives, with reductions in all operating expense categories, ... Hasbro's management team remains focused and the expense reduction initiatives we began last year are a major step towards our most important objective of returning as quickly as possible to the profitability levels we have had historically.
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Our performance year-to-date ... reinforces the confidence we have in our ability to achieve our full-year financial goals.
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We expect it to contribute meaningfully to our business this year and next year, but clearly not to the extent it has before.
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