Hasbro Q2 Profit Jumps 11%, Beating View (HAS)
Posted on July 19, 2010 at 08:20 AM EDT
Toy maker Hasbro, Inc. (HAS) on Monday posted an 11% rise in second quarter profit, as cost-cutting efforts were enough to outweigh a drop in revenue. The Pawtucket, RI-based company reported second quarter net income of $43.6 million, or 29 cents per share, compared with $39.3 million, or 26 cents per share, in the year-ago period. Revenue [...]