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Stop Playing Games With Hasbro Stock

TheMotleyFool

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Toymaker Hasbro (NASDAQ: HAS) recently had the unfortunate task of announcing the passing of 58-year-old chairman and CEO Brian Goldner, who had been in the chief executive role since 2008. In a fitting tribute, the company reported third-quarter earnings this week that showed the entertainment division that Mr. Goldner envisioned driving the company forward is starting to do just that.

Under Goldner's leadership, Hasbro pivoted from toys and games into entertainment with the late-2019 $3.8 billion acquisition of children's TV and film producer Entertainment One (eOne). Revenue growth in that segment soared 76% in the third quarter versus the year-ago period.

Source Fool.com

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