Hasbro Laying Off Over 1,000 As CEO Calls Market Headwinds “Stronger And More Persistent Than Planned”
Giant toymaker Hasbro is laying off 1,100 employees, following 800 staff cuts announced earlier this year, as CEO Chris Cocks cited a tough business climate that's been slow to recover. That's abou...
2023 Layoff Tracker: Hasbro Cuts 1,100 Employees
Toy manufacturer Hasbro will cut 1,100 employees, according to an internal memo released Monday, making it the latest major U.S. company to reduce its head count this year (see Forbes' layoff track...
Hasbro laying off 1,100 workers as weak toy sales persist into holiday season
Hasbro, the toy brand behind My Little Pony and Transformers, had already laid off hundreds of employees earlier this year.
Hasbro, Mattel stocks fall after report of Hasbro layoffs amid toy sales slump
Hasbro Inc. HAS, +0.39% is cutting nearly 20% of its workforce, or about 1,100 employees, as a slump for toy and game sales continues into the holiday shopping period, the Wall Street Journal repor...
Is the Options Market Predicting a Spike in Hasbro (HAS) Stock?
Investors need to pay close attention to Hasbro (HAS) stock based on the movements in the options market lately.
The 7 Best S&P 500 Stocks to Buy in December
When it comes to the best S&P 500 stocks, the largest components of this market-cap weighed stock index may come to mind. For example, “Magnificent Seven” tech stocks, like Apple (NASDAQ: AAPL ), A...
Eight Beaten-Down Stocks Including Pfizer and Hasbro That Look Like Bargains
Some of the stocks dumped as funds do tax-loss selling can be attractive buys.
Hasbro: I See A Real Deep-Value Style Fat-Pitch Opportunity Here
Hasbro is the largest toy manufacturer in the world with a huge set of valuable franchises and licensing agreements bolstering their wide portfolio of toys. The company has successfully transitione...
Buying More Hasbro
Hasbro shares have dropped about 25% in the past month, making it a potentially less risky investment. The company's financial performance has been soft, but the dividend remains relatively secure ...
Should you buy Mattel and sell Hasbro stock? Here's why
The two largest iconic publicly traded toy companies released their Q3 2023 earnings reports. While the reports were starkly different, the reactions were similar in that they both saw their shares...
Hasbro downgraded on concerns toy business turnaround will not occur until 2025
Analysts at the Bank of America (BoA) have downgraded Hasbro (NASDAQ:HAS) and slashed their price target on the toymaker's stock after it reported disappointing third quarter results on Thursday. T...
Hasbro Revamps Games for Cost Efficiency, Including Jenga
Hasbro, the toy manufacturer, is echoing Barbie-maker Mattel in cautioning that the upcoming holiday season might be lackluster, reflecting a trend of cautious consumer spending during this crucial...
Hasbro's stock is having its worst month since the 1980s as toys sales tumble
Shares of Hasbro Inc. got rocked Thursday, making investors suffer through the worst month in four decades, as a weakening toy market led the company to report disappointing third-quarter results.
2 Toy Stocks Bombarded by Bears
Toymakers Hasbro, Inc. (NASDAQ:HAS) and Mattel Inc (NASDAQ:MAT) are plummeting this afternoon, after both warned of a weak holiday season with slumping sales in their latest quarterly reports.
Mattel and Hasbro Shares Tumble After Warning About Holiday Toy Sales
Shares of Mattel (MAT) and Hasbro (HAS) plummeted in early trading on Thursday as the two toymakers warned of soft sales during the key holiday shopping season.
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