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Updated Wednesday, February 10, 2010 11:44 am TWN, AP

Hasbro Q4 profit rises on sales of boys' products

PAWTUCKET, Rhode Island -- Hasbro Inc., the second biggest U.S. toymaker, said Monday its profit surged in the fourth quarter on sales of boys' action figures and other toys as well as strong licensing revenue.

The owner of the Transformers, Tonka and Playskool brands also said it expects sales and earnings per share to grow this year although it didn't offer specific estimates.

Its shares climbed US$2.40, or 7.8 percent, to US$33.20 in pre-market trading.

 

 

 

 

 

 

 

 

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