Should Investors Buy Hasbro Stock After Revenue Surged 54%?
Toymaker Hasbro (NASDAQ: HAS) wrestled with many challenges during the pandemic, but business is clearly coming back strong in 2021. Second-quarter sales were up 54% year over year, while adjusted earnings per share hit nearly double the amount analysts were expecting.
The stock price surged after the earnings news, but with film projects returning and new products coming in the back half of the year, it could still have substantial upside.
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Source Fool.com