Lego Posts Slim But Impressive Profit
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There's an onerous tax that parents the world over pay for their kids' happiness -- one that originates in Billund, Denmark.
Lego's parent company reported its 2022 earnings on Tuesday, revealing a 17% rise in revenue and a 4% rise in profits. CEO Niels Christiansen said despite consumers feeling the pinch, there was plenty of demand for big, complicated sets. Turns out affordable luxury looks like a Lego Death Star.
Source Fool.com
