(Pawtucket, RI) -- The closure of Toys R Us is having an impact on Hasbro. The toy company released its first-quarter financial estimates on Monday, indicating a 16-percent drop in net revenues and a net loss of 112-million-dollars. Hasbro says the liquidation of Toys R Us in the United States and the U.K. resulted in the decrease in revenues, but chairman and CEO Brian Goldner said in a statement that Hasbro is working to put the disruption in the rear-view mirror.