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Hasbro's quarterly sales rise 10.6%

Monday, July 24, 2017 - 18:55

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Hasbro, the No 2 US toymaker, reported a 10.6 per cent rise in quarterly revenue, helped by demand for its Transformers and Nerf toys in the United States.

[BENGALURU] Hasbro, the No 2 US toymaker, reported a 10.6 per cent rise in quarterly revenue, helped by demand for its Transformers and Nerf toys in the United States.

Net income attributable to Hasbro was US$67.72 million, or 53 US cents per share, in the second quarter ended July 2, compared with US$52.11 million, or 41 US cents per share, a year earlier.

The Pawtucket, Rhode Island-based company's revenue rose to US$972.51 million from US$878.95 million.

REUTERS

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