Hasbro's Q3 results show solid profitability despite a YoY revenue decline, demonstrating the firm's efficiency and scalability amidst a challenging market environment. The company's strong IP portfolio and expansion into digital gaming offer promising avenues for long-term growth, particularly in emerging markets like Southeast Asia. Management's rational focus on long-term profitability and o...
Mattel and Hasbro decreased guidance for the end of the year as toy sales continue to drop during the third quarter. The lowered guidance comes before the holiday season, where softened results could have major major effects for retail companies like Mattel and Hasbro.
Hasbro is still feeling the impact of a weak 2023 that led to excess inventory and closeouts, as well as growing pains related to its plan to right-size its business and shed less profitable toys and business segments.
Hasbro, Inc. (NASDAQ:HAS ) Q3 2024 Earnings Conference Call October 24, 2024 8:30 AM ET Company Participants Chris Cocks - CEO Gina Goetter - EVP & CFO Kern Kapoor - SVP, IR Conference Call Participants Drew Crum - Stifel Megan Alexander - Morgan Stanley Christopher Horvers - J.P. Morgan & Chase Eric Handler - ROTH Capital Alex Perry - Bank of America Arpine Kocharyan - UBS Sean Rooney - Citigr...
Hasbro Inc.'s stock is down 2.1% in premarket trades after the toy maker's third-quarter profit beat expectations, fueled by its gaming and licensing businesses.
Barron's seventh-annual (2024) ranking of Sustainable companies started with the 1,000 largest publicly traded companies by market value, then ranked each by performance for five key constituencies: shareholders, employees, customers, community, and the planet. Home-products company Clorox sits atop for the second straight year, edging out Kimberly-Clark, CBRE Group, Hasbro, and Agilent Technol...
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