Hasbro expects hit to second quarter toy sales as coronavirus rocks retail [Reuters]
Hasbro, Inc. (HAS)
Last hasbro, inc. earnings: 4/29 06:00 am
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Source: Reuters
Hasbro expects hit to second quarter toy sales as coronavirus rocks retail (Reuters) - Hasbro Inc ( HAS.O ) scrapped its full-year outlook on Wednesday and forecast a hit to its second-quarter revenue and earnings, as sales of its toys and games suffer from global lockdowns to contain the spread of the coronavirus pandemic. Most “non-essential” businesses in the United States and Europe have been shut due to the pandemic, hammering toy sales and adding more pain to the industry, which has been grappling with the popularity of video games and social media tools among children. Hasbro said the delay of new movie releases and the suspension of production would also hurt sales. The company which holds toy licenses to Disney’s “Avengers”, “Star Wars” and “Frozen” franchises is more dependent on big Hollywood blockbusters to pull in consumers than rival Mattel Inc ( MAT.O ). However, the company said board games such as Monopoly as well as Play-Doh were seeing strong demand, as the clos
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HAS
News
- Hasbro (NASDAQ:HAS) had its price target raised by analysts at UBS Group AG from $88.00 to $89.00. They now have a "buy" rating on the stock.MarketBeat
- Hasbro (NASDAQ:HAS) was upgraded by analysts at Seaport Res Ptn to a "strong-buy" rating.MarketBeat
- Top Toy Brand LITTLEST PET SHOP Signs Global YouTube Sensation [Yahoo! Finance]Yahoo! Finance
- Top Toy Brand LITTLEST PET SHOP Signs Global YouTube SensationPR Newswire
- Hasbro Investigation Initiated By Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Hasbro, Inc. - HASPR Newswire
HAS
Earnings
- 10/23/25 - Beat
HAS
Sec Filings
- 11/12/25 - Form 4
- 11/10/25 - Form 144
- 11/5/25 - Form SCHEDULE
- HAS's page on the SEC website