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Lego Posts Slim But Impressive Profit

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There's an onerous tax that parents the world over pay for their kids' happiness -- one that originates in Billund, Denmark.

Lego's parent company reported its 2022 earnings on Tuesday, revealing a 17% rise in revenue and a 4% rise in profits. CEO Niels Christiansen said despite consumers feeling the pinch, there was plenty of demand for big, complicated sets. Turns out affordable luxury looks like a Lego Death Star.

Source Fool.com

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