Hasbro's Quarterly Sales Rise 11.2%

Hasbro reported an 11.2 percent rise in quarterly revenue on Monday, helped by strong demand for its Disney Princess and Frozen dolls in the all-important holiday selling season in the United States. Continue Reading Below Net income attributable to Hasbro...

Hasbro's Quarterly Sales Rise 11.2%

Hasbro reported an 11.2 percent rise in quarterly revenue on Monday, helped by strong demand for its Disney Princess and Frozen dolls in the all-important holiday selling season in the United States.

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Net income attributable to Hasbro rose to $192.73 million, or $1.52 per share, in the fourth quarter ended Dec. 25, from $175.76 million, or $1.39 per share, a year earlier.

The Pawtucket, Rhode Island-based company's revenue rose to $1.63 billion from $1.47 billion.

(Reporting by Gayathree Ganesan in Bengaluru; Editing by Martina D'Couto)

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