A strong return of its film and TV business, especially compared with a bleak 2020, helped Hasbro’s second quarter results easily beat Wall Street forecasts. Revenue surged 54% to $1.32 billi…
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Every division of Hasbro showed revenue growth in the quarter, reflecting an overall return to a more familiar business footing. In the spring of 2020, the company was coping with widespread impacts from the pandemic, which shuttered film and TV production and bogged down the supply chain.CEO Brian Goldner said the company is on track to reliver double-digit revenue growth in 2021.
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