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Hasbro Profit Surge Driven by Wizards of the Coast Holiday Sales

WSJ.com: US Business •
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Hasbro Inc. reported a fourth-quarter profit, reversing a loss, as revenue surged. The company attributed the turnaround to robust performance from its Wizards of the Coast division, particularly during the crucial holiday shopping period. This unexpected profitability marks a significant shift from the prior year's results and signals renewed strength in Hasbro's core gaming business. Hasbro's holiday season success, fueled by Wizards of the Coast titles, underscores the division's growing importance to the overall corporate strategy and financial health. The profit and revenue increase demonstrate effective execution and market demand for Hasbro's entertainment offerings during peak consumer spending times.