Tariffs take a bite out of the bottom line in the third quarter.
Fitch Ratings lowers its default credit rating on Hasbro ([[HAS]] -1.2%) to BBB- and assigns a Negative rating outlook after factoring in the financial imp
The toy company would be doing a lot better if it weren't for the trade war and tariff threats.
The toy manufacturer saw broad-based gains across its biggest properties while its rival struggled to find growth.
Last week, Hasbro reported earnings that missed forecasts, blaming the U.S.-China trade war. But Mattel said the trade dispute played only a small role in its better-than-expected results.
Mattel said import tariffs didn't have much impact on third-quarter earnings and announced the end of a whistleblower investigation.
(Reuters) - Mattel Inc (O:MAT) reported a surprise jump in quarterly revenue on Tuesday as newer models energized demand for its flagship Barbie brand, while the launch of dolls based on Korean...
By April Joyner and Caroline Valetkevitch NEW YORK (Reuters) - The U.S.-China trade war persists as an impediment to the growth of U.S. companies, even as the two countries appear close to clinching...
Monday's top analyst upgrades, downgrades and other ratings changes included Advanced Micro Devices, Albermarle, Charter Communications, First Solar, Hasbro, Lowe's, Netflix, Procter & Gamble, Roku,...
The toy maker faces a lot of the same problems that its rival did in its own dour Q3 report.
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