LEGO Reports 21% Revenue Surge in 2023 With Record Sales Driven by Global Fan Demand
LEGO Group reported record revenue growth of 21% in 2023
Key points
- LEGO reported 21% revenue growth in 2023 — record sales driven by licensed franchise and adult collector demand
- Private ownership insulates LEGO from quarterly pressure; enables long-term brand investment competitors can’t match
- Hasbro and Mattel face valuation benchmarking pressure as LEGO’s private-market compounding continues
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