Hasbro Inc

HAS: XNAS (USA)
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Hasbro Earnings: Strong Wholesale Demand Drives Improved Outlook; Shares Remain Attractive

Hasbro's second-quarter results included 16% sales growth, stemming from 27% growth in the Wizards of the Coast and digital games segment (67% of sales). The 24.8% adjusted operating margin was hurt by a $56 million digital impairment as Hasbro refocuses on its highest conviction digital brands.

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