Toymaker Hasbro ( HAS ) managed a fivefold increase in first-quarter profit, helped by the weak dollar and a 14% sales gain in its games business.

The company's profit grew to $6.3 million, or 3 cents a share, on revenue of $474.2 million, vs. $1.2 million, or 1 cent a share, on sales of $461.8 million a year ago.

Analysts were expecting net income of $5.97 million, or 3 cents a share, on revenue of $480.4 million, according to Thomson First Call.

Revenue in its games business rose 14% to $127.6 million for the quarter, while sales at its U.S. toys segment edged higher to $152.4 million.

International revenue rose 3% to $180.7 million, reflecting a $21.0 million positive impact from foreign exchange.

Gross profit actually slipped to $287.53 million, as Hasbro's advertising and research and development costs rose from the year-ago period.

The Pawtucket, R.I.-based company known for its Playskool, Tonka and Milton Bradley brands said most of its financial improvement will come in the second half of the year.

If you liked this article you might like

Spain to Play Netherlands for World Cup

Spain to Play Netherlands for World Cup

Wal-Mart: Analysts' Upgrades, Downgrades

Wal-Mart: Analysts' Upgrades, Downgrades

Netherlands Advances to World Cup Final

Netherlands Advances to World Cup Final

Apple: Analysts' Upgrades, Downgrades

Apple: Analysts' Upgrades, Downgrades

World Markets Mostly Lower Monday

World Markets Mostly Lower Monday