Transformers help Hasbro boost 3Q profit by 62.7%

Led by Transformers and Marvel product lines, Pawtucket-based toy company exceeds industry predictions

Transformers and Marvel’s Spider-Man again exercised their super-powers on Hasbro Inc. (NYSE: HAS) in the quarter ended Sept. 30. The toymaker today posted a third-quarter profit of $161.6 million, or 95 cents per diluted share, a 62.6-percent increase from the $99.6 million it reported in the year-ago period.

Full Story: Transformers help Hasbro boost 3Q profit by 62.7% Source: Providence Business News, October 23rd, 2007

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