The toy maker's sales were also soft in Europe and the Asia Pacific region. Its adjusted results topped Wall Street's view.

For the period ended Sept. 30, the Pawtucket, R.I.-based company earned $164.9 million, or $1.24 per share. That compares with $171 million, or $1.27 per share, a year earlier. 

Removing the impact of unfavorable foreign exchange rates, Hasbro Inc.'s earnings were $1.28 per share. 

Analysts expected $1.20 per share. Revenue slipped 2 percent to $1.35 billion from $1.38 billion. 

Revenue totaled $1.39 billion excluding unfavorable foreign exchange rates. Wall Street forecast $1.38 billion. 

Last week rival Mattel Inc. reported its third-quarter net income climbed, buoyed by strong sales of American Girl dolls and Fisher-Price toys.

(Copyright 2012 by The Associated Press. All Rights Reserved.)