Hasbro Press Release: 4th Quarter & 2002 Results

PAWTUCKET, R.I. (Reuters) - Hasbro released their 4th quarter and full-year 2002 results earlier today. The release stated that revenue "was up in the fourth quarter". Alan G. Hassenfeld, Chairman and Chief Executive Officer at Hasbro, stated: "Our strategy of driving core brands is working as a number of brands --including G.I. JOE, TRANSFORMERS, PLAY-DOH, LITE BRITE and MAGIC THE GATHERING trading card games were all up significantly for the fourth quarter." The U.S. toys segment "experienced strength in sales of certain core product lines including G.I. JOE, TRANSFORMERS, PLAY-DOH and PLAYSKOOL." Read the full report from Hasbro here or the news report with Yahoo! News here.