Hasbro Sees Spiking Demand as Family Time Jumps

Social distancing efforts are lifting Hasbro's (NASDAQ: HAS) business. CEO Brian Goldner said in an interview with CNBC on Monday that consumers in many markets are snapping up its products as families look for ways to stay entertained at home.

"We're seeing great demand," Goldner said, including for brands like Play-Doh and Magic: The Gathering. People are especially interested in products that help keep children occupied, entertained, and educated, he explained. "Our first quarter has been quite good."

Image source: Getty Images.

Source Fool.com