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 ...
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 ...
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 ...
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 ...