Markets

Hasbro soars after Disney toy sales help it overcome trade-war challenges

Hasbro stock surged as much as 9% in early Tuesday trading after the company topped expectations for fourth-quarter profit and saw revenue land just under analyst estimates. The holiday season drove strong demand for “Star Wars” and “Frozen 2” merchandise, the toy manufacturer said. The earnings win follows a third-quarter […]
Hasbro soars after Disney toy sales help it overcome trade-war challenges
News

These are the 16 hottest toys every kid will want this holiday

From the New York Toy Fair to the TTPM‘s (Toys, tots, pets, and more) holiday showcase, I looked at and previewed hundreds of toys throughout the year. The unboxing trend is even bigger this year with the popularity of last year’s L.O.L. Surprise dolls and more variations on the Hatchimals […]
These are the 16 hottest toys every kid will want this holiday
Markets

Hasbro tanks as trade-war tariffs and a pending acquisition bite into toy profits

Hasbro on Tuesday reported weaker-than-expected earnings and revenue for the third quarter, prompting shares to tumble as much as 11% in early trading. Profits saw increased pressure from US-China tariffs and the pending acquisition of media company Entertainment One. The company anticipates continued “disruption” in the fourth quarter and is […]
Hasbro tanks as trade-war tariffs and a pending acquisition bite into toy profits
Markets

Hasbro is already paying for Trump’s threatened tariffs on Chinese toys

Hasbro is already paying the price for Donald Trump’s threat to extend tariffs to virtually all Chinese goods including toys. The toy giant stomached extra costs last quarter as it increased its US inventory and boosted production outside of China. Hasbro predicts the tariffs would raise its shipping and warehousing […]
Hasbro is already paying for Trump’s threatened tariffs on Chinese toys