Hasbro Sales, Profit Beat on Disney Doll Demand

Hasbro reported better-than-expected quarterly revenue and profit, helped by strong demand for its Disney Princess and Frozen dolls in the all-important holiday selling season in the United States. Pawtucket, Rhode Island-based Hasbro said revenue from toys in the girls category jumped 52 percent, as demand for dolls based on Walt Disney’s Cinderella and Frozen rose significantly in the fourth quarter ended Dec. 25. The company also benefited from strong demand for Dream Works’ Trolls dolls.