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Hasbro's revenue rises 7%

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Hasbro reported quarterly revenue of $1.8 billion, a 7 percent increase from $1.7 billion a year earlier.

Earnings moved up 3 percent to $265.6 million from $257.8 million in the same quarter of 2016.

The increases came despite the Toys"R"Us bankruptcy filing causing “a negative impact on our quarterly revenues and operating profit," said CEO Brian Goldner.

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