hasbro

The company’s gaming and digital businesses are based in Renton, Washington

The job cuts amount to about 150 employees

HASBRO’S cost-saving efforts helped the Monopoly owner surpass Wall Street estimates for profit in the third quarter, despite weak consumer spending on toys driving a steeper-than-expected drop in sal...

HASBRO posted a smaller-than-expected drop in second-quarter sales and beat profit expectations, helped by cost-control strategies and steady demand for digital gaming, sending shares of the toymaker ...

Efforts to clean up inventory throughout 2023, along with cost efficiencies, helped drive the operating margin expansion

LEGO beat its biggest toymaker competitors last year, capturing market share even as its largest rival, Mattel, was buoyed by the Barbie movie.

TOY makers grappling with surging costs in China are finding no easy options when it comes to shifting production to cheaper centres elsewhere.

HASBRO is cutting close to 20 per cent of its staff, blaming slumping sales of toys and games during the crucial holiday shopping season.

HASBRO cut its annual revenue forecast for the second time this year on weak toy demand and joined Barbie-maker Mattel to warn of choppy holiday-quarter sales, sending its shares down 12 per cent befo...