Hasbro reports 1Q revenue increase, beats analyst projections

Hasbro
HASBRO'S NERF ENERGY Game Kits were distributed to members of the Boys & Girls Clubs of Providence and Pawtucket recently, as part of encouraging them to increase their physical activity, thanks to a team effort by UnitedHealthcare, Hasbro and Patrick Pass, former New England Patriots fullback and three-time Super Bowl champion. / COURTESY HASBRO
PAWTUCKET – Hasbro Inc. reported an increase in revenue in the first quarter that ended March 29, boosted by 22 percent revenue growth in the preschool segment. The toymaker reported net revenue of $713.5 million, an increase of 5 percent compared with $679.5 million during the prior year quarter. Without a $62.6 million foreign exchange…

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