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Why Hasbro Inc. Stock Jumped 14% in February

2015-03-16 22:17:00| Toys - Topix.net

So what: Investors bid up shares in response to the fourth-quarter earnings report issued on Feb. 9. For the critical holiday shopping months, Hasbro posted a 7% sales gain and a 4% jump in adjusted profit. Highlights of the quarter included growth in each of its seven blockbuster brands: Littlest Pet Shop, Magic: The Gathering, Monopoly, My Little Pony, Nerf, Play-Doh, and Transformers.

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