© Reuters. FILE PHOTO: People walk past the Beyblade Burst Speedstorm, by Hasbro, Inc., on display in the FAO Schwarz toy store in Manhattan, New York City, U.S., November 24, 2021. REUTERS/Andrew Kelly
(Reuters) – Toymaker Hasbro Inc (NASDAQ:) reported a 28% fall in earnings on Tuesday as inflation-hit consumers were further discouraged by price hikes.
The company reported adjusted net earnings of $196.2 million, or $1.42 per share, in the third quarter ended Sept. 25, compared with $271.2 million, or $1.96 per share, a year earlier.
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