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Hasbro Earning Up

February 8, 2000 | By Quang Hong

February 8, 2000 | By Quang Hong
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Despite a $53 million dollar loss on the year from the company interactive division, Hasbro managed to ride strong sales of popular Pokemon and Furby tales to fourth quarter earnings 18 percent better than same period last year. Hasbro reported $155.4 million in the fourth quarter, compared to $131.8 million in the fourth quarter last year. Net earnings for the year increased 30 percent to $286.6 million, compared to $220 million in earning the previous year.


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