Hasbro Stock News

A Hasbro exec said the company's plans drastically changed after tariffs on China were paused. She said the company halted pricing changes and plans to halt some production entirely.

Shares of Mattel, Hasbro, Jakks and Funko rallied on Monday after the U.S. agreed to temporarily reduce tariffs on China. The agreement will pause most tariffs and other trade barriers for 90 days, including reducing the 145% levy President Donald Trump had in place on Chinese imports to 30%.

Hasbro and Mattel have joined the toy industry in fighting tariffs that could cost them millions. But there could be some trade-policy upside for the domestic toy giants.

In a Thursday interview with CNBC's Jim Cramer, Hasbro CEO Chris Cocks explained how the toy maker is trying to diversify its supply chain and adapt to President Donald Trump's steep tariff hikes on China, one of its top suppliers. "I think we're making rapid changes," he said.

Reiterating my buy rating on Hasbro Inc. due to strong 1Q25 results and favorable FY25 guidance, showcasing impressive growth and profitability. WOTCDG segment drives growth with a 46% y/y revenue increase and significant margin expansion, bolstering confidence in continued momentum and future launches. The retail environment remains stable, with steady retailer orders and POS trends, supportin...

PAWTUCKET, R.I.--(BUSINESS WIRE)--Hasbro to participate in the J.P. Morgan 53rd Annual Global Technology, Media and Communications Conference.

Shoppers could pull back spending on toys due to tariffs, Hasbro's CEO said. The tariffs could have as severe an effect as the 2008 recession, Christian Cocks said.

Toy and gaming company Hasbro saw a revenue increase in the first quarter, but the ever-evolving tariff situation is making growth strategizing tricky.