Hasbro says it's 'working around the clock' to deliver enough toys for the holiday season

Hasbro toys.
Hasbro toys. Photo credit GettyImages

Get the wrapping paper ready because Hasbro has brushed off any concerns around global supply chain issues as it reported solid sales and earnings for its third quarter.

The news comes after the CEO of Hasbro, Brian Goldner, died last week at the age of 58. Days earlier, Goldner had announced he was taking a medical leave of absence due to cancer.

The position at the company was filled on an interim basis by Rich Stoddart, who had been the lead independent board director at Hasbro.

"While we mourn the passing of our long-time leader and friend Brian Goldner, our performance is a testament to the power and potential of the Brand Blueprint strategy he architected," Stoddart said in a statement, CNN reported.

When it came to the third quarter, Stoddart shared that the company was able to see growth despite "global supply chain challenges in the quarter."