Monday, April 23, 2007

UPDATE 2-Hasbro wallops expectations with Spiderman's help

(Reuters) - NEW YORK, April 23 - Hasbro Inc. on Monday posted a profit that trounced expectations, on strong sales of Spiderman toys and its Littlest Pet Shop and Playskool brands.

First-quarter net income at the nation's No. 2 toy maker climbed to $32.9 million, or 19 cents a share, compared with a year-earlier loss of $4.9 million, or 3 cents a share.


Read more at Reuters.com Market News

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