How 'kidults' helped Hasbro's earnings this quarter

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Hasbro News

James Zahn,Adjusted Earnings,Earnings

Hasbro (HAS) posted better-than-expected earnings for its second quarter with adjusted earnings of $1.22 per share against an expected $0.78. Some of those...

) posted better-than-expected earnings for its second quarter with adjusted earnings of $1.22 per share against an expected $0.78. Some of those earnings are due in part to Hasbro's increased digital gaming presence.

But at the same time, everybody loves that tactile experience of getting together with friends and family playing something on the tabletop.And we've seen that with some of their other titles as well. So now we have an industry where about 25% of all of the toys and games sold are for an adult audience on Hasbro's earning calls, uh uh earning call this morning, Chris Cox.

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