HAS / Hasbro downgraded on concerns toy business turnaround will not occur until 2025

The two largest iconic publicly traded toy companies released their Q3 2023 earnings reports. While the reports were starkly different, the reactions more_horizontal

Analysts at the Bank of America (BoA) have downgraded Hasbro (NASDAQ:HAS) and slashed their price target on the toymaker's stock after it reported dis more_horizontal

Hasbro, the toy manufacturer, is echoing Barbie-maker Mattel in cautioning that the upcoming holiday season might be lackluster, reflecting a trend of more_horizontal

Shares of Hasbro Inc. got rocked Thursday, making investors suffer through the worst month in four decades, as a weakening toy market led the company more_horizontal

Toymakers Hasbro, Inc. (NASDAQ:HAS) and Mattel Inc (NASDAQ:MAT) are plummeting this afternoon, after both warned of a weak holiday season with slu more_horizontal

Shares of Mattel (MAT) and Hasbro (HAS) plummeted in early trading on Thursday as the two toymakers warned of soft sales during the key holiday shoppi more_horizontal

Hasbro missed the mark on the top and bottom lines. The company took a $473 million impairment for assets associated with the sale of the eOne busines more_horizontal

Hasbro and Mattel face a challenging fourth quarter, as both toy makers lowered their sales outlook for toys. more_horizontal