hasbro

Hasbro is one of Rhode Island’s best-known companies and a major employer.

Hasbro will move toy headquarters to Boston, creating 700 jobs

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

Hasbro has focused on controlling costs this year to weather a slump in demand for toys.

Hasbro profit beats estimates as cost cuts offset weak toy demand

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 quarterly revenue dropped 18 per cent to US$995.3 million, smaller than a 22.02 per cent drop estimated by analysts.

Toymaker Hasbro’s turnaround efforts buoy quarterly results, shares rise

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 ...

Hasbro, the Nerf toy gun maker’s quarterly revenue fell 24.3 per cent, to US$757.3 million.

Toymaker Hasbro posts quarterly profit beat, slower sales decline

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

Lego has expanded its position as the world’s No 1 toymaker, growing consumer sales 4 per cent in 2023 when the overall market contracted about 7 per cent.

Lego wins market share, overcoming rival’s Barbie movie launch

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

Aequs makes dozens of types of toys for Hasbro and others including Spin Master in two 350,000-square-foot facilities in Belgaum, India.

Toy manufacturers’ shift from China is no child’s play

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

Hasbro has struggled to shake off a post-pandemic hangover.

Hasbro is cutting about 1,100 jobs, citing weak holiday sales

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 now expects fiscal 2023 revenue to fall 13 per cent to 15 per cent.

Hasbro cuts revenue view, joins Mattel to warn of cloudy holiday quarter

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...