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Asharq Al-Awsat

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Asharq Al-Awsat

Hasbro Delivers Strong Quarter on TV Production Rebound, Price Increases

Hasbro United States

The Hasbro, Inc. logo is seen on a toy for sale in a store in Manhattan, New York, US, November 16, 2021. (Reuters)

Hasbro Inc trounced analysts' estimates for quarterly revenue and profit on Monday, bolstered by a recovery in the toymaker's television production business and price increases to counter a hit from supply chain issues.

The Monopoly board game maker's shares rose 3.3% to $97 in premarket trading.

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