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Hasbro excels in a hard time for toymakers, Transformers help overcome forces of strong dollar

2015-04-20 14:43:57| Toys - Topix.net

The toymaker, weighed down by the strong U.S. currency and battling a shift toward video games and other non-traditional toys, topped Wall Street expectations and shares jumped almost 8 percent before the opening bell Monday. Hasbro reported a 17 percent drop in profit to $26.7 million, or 21 cents per share, compared with $32.1 million, or 24 cents a share, a year earlier.

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Category:Consumer Goods and Services

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