Hasbro shares rise on strong preliminary sales data
The toy maker reported preliminary first quarter sales of up to 985 million dollars driven by growth in digital gaming. Results are delayed until May 20.
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HASBRO INC has announced a delay in its official quarterly reporting following a recent cybersecurity breach, even as the toy manufacturer projected preliminary first-quarter revenue that significantly outperformed market expectations. Shares of the company surged approximately 6% in premarket trading following the disclosure of the upbeat sales figures.
