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 ...
Its inventory fell 39%. "While the toy industry is on a rocky road, the cost-control measures that Hasbro and Mattel have put in place should put them on sounder footing in the year ahead," said ...
Following yesterday’s news regarding continued organizational changes, Hasbro reported its third quarter earnings this morning. The Rhode Island-based toy and game company says revenue declined 15% (9 ...
Rhode Island-based toy company Hasbro is making another round of layoffs as the century-old company considers moving away from the state where it was founded. Hasbro on Thursday reported a third ...
Hasbro, one of the world's best known toy companies, is preparing to lay off dozens of employees as they consider a potential move to Boston. A company spokesperson says fewer than 100 employees ...