Hasbro quarterly profit jumps 43% on higher international sales

Reuters Updated - October 20, 2014 at 04:36 PM.

Hasbro Inc, the second-largest U.S. toymaker, reported a 43 per cent jump in quarterly profit, helped by higher international sales, particularly in Latin America and the Asia Pacific region.

Net income attributable to Hasbro rose to $180.5 million, or $1.40 per share, in the quarter ended Sept. 28, from $126.6 million, or 96 cents per share, a year earlier.

Hasbro, known for its My Little Pony toys and action figures based on Marvel Comics characters, said total revenue rose 7.3 per cent to $1.47 billion.

Published on October 20, 2014 11:06