Hasbro's quarterly revenue rises 10%

Posted online July 18, 2016 | 11:34 am

Driven by demand for princess dolls and "Star Wars" action figures, toymaker Hasbro reported higher-than-expected quarterly earnings and revenue.

Net income rose 24.6 percent to $52.1 million, or 41 cents per share.

Revenue jumped over 10 percent to $878.9 million.

Analysts predicted earnings of 39 cents per share and revenue of $859 million.

Read more from Reuters.

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