PAWTUCKET, R.I. (AP) — Hasbro has reported fourth-quarter earnings of $175.8 million.
The Pawtucket, Rhode Island-based company says it had net income of $1.39 per share, exceeding Wall Street expectations.
The toy maker posted revenue of $1.47 billion in the period, which also beat Street forecasts.
For the year, the company reported profit of $451.8 million, or $3.57 per share. Revenue was reported as $4.45 billion.
Hasbro shares have risen 10 percent since the beginning of the year, while the Standard & Poor’s 500 index has decreased 8 percent. The stock has increased 33 percent in the last 12 months.