Hasbro earns $212.9M in Q3 as tariffs affect sales

HASBRO reported a profit of $212.9 million in the third quarter, missing estimates. / COURTESY HASBRO INC.
HASBRO reported a profit of $212.9 million in the third quarter, missing estimates. / COURTESY HASBRO INC.
PAWTUCKET – Hasbro Inc. reported a profit of $212.9 million in the third quarter, a 19.3% decline year over year, according to a company filing on Tuesday. Revenue for the quarter totaled $1.6 billion, a 0.3% increase year over year. The company said that tariffs, both enacted and threatened, impacted revenue in the quarter. The…

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