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Hasbro quarterly revenue rises 2.2 pct
April 24, 2017 / 10:44 AM / 7 months ago

Hasbro quarterly revenue rises 2.2 pct

April 24 (Reuters) - Hasbro Inc, the no. 2 U.S. toymaker, reported a 2.2 percent rise in quarterly revenue helped by higher demand for toys based on franchises such as “Nerf” and “Transformers”.

The company said its revenue rose to $849.7 million in the first quarter ended April 2, from $831.2 million a year earlier.

Net income attributable to Hasbro rose to $68.6 million, or 54 cents per share, from $48.8 million, or 38 cents per share, a year earlier. (Reporting by Jessica Kuruthukulangara in Bengaluru; Editing by Shounak Dasgupta)

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