NEW YORK, April 22 (UPI) --
Buoyed in large part by My Little Pony's well-documented comeback
, Hasbro blew past earnings expectations
in the first quarter and swung to a profit.
After reporting losses last year, the toy company posted a first-quarter net income of $32 million.
While competitor Mattel posted a surprising loss -- Barbie isn't doing so well -- Hasbro's line of girls' products saw a 21 percent sales increase.
Its boys' division, meanwhile, increased by only 2 percent, while games sales fell 4.5 percent.
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