There shouldn't be any surprise about Hasbro's (HAS) lackluster earnings, according to TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer.

"That was one where you knew that they weren't going to make the quarter because they told you they weren't going to make the quarter," Cramer said.

The company was affected by the Toys R Us headwinds. Hasbro CEO Brian Goldner told Cramer on CNBC's Mad Money that the Toys R Us issues should only affect Hasbro for one more quarter. 

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