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Hasbro beats quarterly revenue estimates

04/19/2022

Less than a minute

2022.04.19 13:36

Hasbro beats quarterly revenue estimates
FILE PHOTO: The Hasbro, Inc. logo is seen on a toy for sale in a store in Manhattan, New York, U.S., November 16, 2021. REUTERS/Andrew Kelly/File Photo

(Reuters) – Toy maker Hasbro Inc (NASDAQ:HAS) beat analysts’ estimates for quarterly revenue on Tuesday, bolstered by a jump in demand for tabletop games “Magic: The Gathering” and “Dungeons & Dragons”.

The Monopoly maker’s net revenue rose 4% to $1.16 billion in the first quarter ended March 27, beating estimates of $1.15 billion, according to Refinitiv IBES.

04/19/2022

Less than a minute

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