Red Sea and Panama Canal disruptions may snarl supply chains, but these two toy makers appear well-positioned
The Houthi attacks on cargo ships in the Red Sea and the drought conditions impacting the Panama Canal have sparked concern about the impact on global supply chains.
Here's Why You Should Retain Hasbro (HAS) in Your Portfolio
Hasbro (HAS) expects the Wizards of the Coast and digital gaming business to drive growth. However, inflationary pressures are a concern.
Hasbro Launches AI-Powered Version Of Trivial Pursuit Game
Toy maker Hasbro HAS is hoping to attract new fans to its Trivial Pursuit game with an online version that uses AI to generate questions based on players' interests and suggestions.
Will cost cuts be enough for Hasbro to thrive in 2024?
Global toy and entertainment company Hasbro Inc. NYSE: HAS had a weak 2023 as shares fell 17.5% compared to the 24.8% gain for the S&P 500 index. It also underperformed rival Mattel Inc. NYSE: MAT,...
Hasbro Gets a Downgrade in Wake of Layoffs
The toy industry could come under pressure following record growth during the pandemic. Hasbro could struggle, D.A.
Hasbro's (HAS) Stock Declines 18% in a Year: Here's Why
Hasbro (HAS) is hurt by higher costs and industry woes. A decline in toy and game volume, and unfavorable pricing and mix remain concerns for the company.
Down 45% The Past 3 Years, With The S&P Up 25%, What Next For Hasbro Stock?
[Note: HAS' fiscal year 2022 ended December 25, 2022]
The Score: Macy's, Hasbro, Pfizer and More Stocks That Defined the Week
Here are some of the major companies whose stocks moved on the week's news.
Hasbro (HAS) Shares Dip on Layoff Announcement & Industry Woes
Hasbro (HAS) announces lay-offs in sync with its cost-saving strategy. The company is cautious of challenging market conditions potentially extending into 2024.
Hasbro lays off nearly 20% of its workers
Toymaker Hasbro (HAS) lays off close to 20% of its workforce to balance out the impact of weakening toy sales, according to a memo from CEO Chris Cocks. Yahoo Finance anchors Brad Smith and Seana S...
Hasbro cutting 1,100 jobs as toy sales slow
Hasbro announced it is laying off over 1,000 employees in order to cut costs as it continues to struggle with declining toy sales for consecutive quarters.
Hasbro Cuts 1,100 Jobs, Citing Slumping Holiday Sales
Hasbro announced it would cut close to 20% of its staff over the next 18 to 24 months, including 200 left over from an earlier round of cuts, due to slumping sales of toys and games during the holi...
Hasbro axes 1,100 jobs as sales struggle in Christmas build-up
Hasbro (NASDAQ:HAS) Inc, the firm behind Monopoly, Play-Doh and Transformers action figures is laying off 1,100 employees as poor sales dragged into the holiday trading season. The toymaker will a...
Hasbro to Cut 900 Positions as Toy Industry Headwinds Continue
Toy company Hasbro will be laying off another 900 people, about a year after saying it would eliminate 1,000 positions from its global workforce. The latest job cuts will be made over the next 18 t...
Hasbro slashing 900 jobs as high inflation takes bite out of toy sales
"The headwinds we saw through the first nine months of the year have continued into holiday and are likely to persist into 2024," Hasbro's CEO said.
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