Hasbro profit rises to $37.5 million

July 22, 2008

Hasbro Inc. said yesterday that second-quarter profit rose, helped by demand for products related to movies including Iron Man and Star Wars. The company said profit rose to $37.5 million, or 25 cents per share, from $4.8 million, or 3 cents per share, a year earlier. Excluding a one-time year-ago expense related to repurchasing some warrants, net income fell 9 percent.