Hasbro reports 136% profit jump in 2019

HASBRO EARNED a profit of $520.5 million in 2019. / BLOOMBERG NEWS FILE PHOTO/JEENAH MOON
HASBRO EARNED a profit of $520.5 million in 2019. / BLOOMBERG NEWS FILE PHOTO/JEENAH MOON
PAWTUCKET – Hasbro Inc. reported a 136% boost in profit in 2019, to $520.5 million, or $4.05 per diluted share, according to a company filing on Tuesday. The company earned $220.4 million in 2018, or $1.74 per diluted share. The company’s 2019 results were boosted by strong Frozen 2 sales, as well as Marvel: Avengers,…

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