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R.I. toymaker climbs on strong sales

Hasbro Inc. makes “Marvel’s The Avengers” toys.Emile Wamsteker /Bloomberg/File

Shares of Pawtucket toymaker Hasbro Inc. rose on third-quarter net earnings of $187.8 million. The results, adjusted for restructuring costs, were $1.46 per share, a penny short of expectations. Overall, third-quarter revenue rose by 7 percent, matching the $1.47 billion in sales investors expected to see despite a minimal hit from the impact of weaker foreign currencies. All three of Hasbro's largest business units showed revenue gains, with the boys division leading the charge with a 22 percent surge in sales.