Hasbro, Inc. today reported third quarter net revenues of $1,223.0 million, an increase of $183.9 million or 18% compared to $1,039.1 million a year ago. The Company reported net earnings for the quarter of $161.6 million compared to $99.6 million in 2006.

"We are very pleased with our third quarter and year-to-date performance and we are well positioned for the all important holiday season," said Alfred J. Verrecchia, President and Chief Executive Officer. "Revenues were up 18% for the quarter and 25% year-to-date as the business continues to be strong both in terms of category and geographic performance."

"Operating profit was up significantly for the third quarter to $209.7 million, an historical record for the Company and further validation that our strategy of focusing on our core brands is working," Verrecchia concluded.

North American segment net revenues for the quarter were $822.7 million, an increase of $77.2 million or 10% compared to $745.5 million in 2006. The growth in revenue is attributable to shipments of the Transformers and Marvel product lines, as well as growth in other Hasbro brands including Furreal Friends, Littlest Pet Shop, Baby Alive, My Little Pony, Nerf, Monopoly, Operation and Scrabble. The North American segment reported an operating profit of $134.0 million compared to $111.6 million in 2006.

International segment net revenues for the quarter were $374.0 million, an increase of $93.6 million or 33% compared to $280.4 million in 2006. The results reflect shipments of the Transformers and Marvel product lines, as well as growth in other Hasbro brands including Littlest Pet Shop, My Little Pony, Playskool, Monopoly, Operation and The Game of Life. The International segment reported an operating profit of $57.6 million compared to $43.2 million in 2006.