Hasbro reports $26.7M profit in Q1

HASBRO REPORTED a profit of $26.7 million in the first quarter of 2019. / COURTESY HASBRO
HASBRO REPORTED a profit of $26.7 million in the first quarter of 2019. / COURTESY HASBRO
PAWTUCKET – Hasbro Inc. reported a profit of $26.7 million in the first quarter of 2019, a reversal from a $112.5 million loss in the first quarter of 2018, according to a filing with the U.S. Securities and Exchange Commission Tuesday. Earnings per diluted share for the quarter were 21 cents, compared with a loss of…

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