Hasbro 3rd-Quarter Results Higher than Expected

{mosimage} Hasbro has exceeded expectations for their third-quarter results, according to KYW Newsradio 1060.  Hasbro revenue gained 7% this year, 1.3 Billion from 1.27 billion last year.  Though the profit margin this year was lower than it was last year, if the large tax-benifit from last year is excluded, shares would have risen 5%.  On another note, rival toymaker Mattel's profits were lower than expected. 

You can read the full article here , and credit to Fosterlager over at TFW2005 for the heads up.


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