iBankCoin
Joined Nov 11, 2007
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Hasbro Profit Drops 25% on Lower Sales

Hasbro Inc.’s HAS +3.31% second-quarter profit fell 25% as sales slid across nearly all major segments, with the boys business suffering the most as demand for toys tied to Marvel films couldn’t match a strong performance led by “Transformers” and “Beyblade” last year.”

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