Subscribe
Business

News Summary: Hasbro 2Q net income falls

By The Associated Press
Published
Add Washington Examiner on Google

THE NEWS: Toy maker Hasbro Inc. said Monday its second-quarter net income dropped 25 percent on weak sales as Americans held off on buying toys like Transformers and Scrabble until later in the year. But higher prices and cost cutting helped net income beat analysts’ earnings expectations.

Print subscriber? Click here to login/register your account
Digital subscriber? Click here to login/register your account.

Full midterm coverage.Deeper analysis.

Get unlimited access to Washington Examiner's reporting, expert analysis, and coverage of the midterm elections.

Get Unlimited Access

Cancel anytime.