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Stock impact report

Toymaker's 'War Room' Goes 24/7 So Gifts Can Reach U.S. Stores [Financial Post (Toronto, Ontario, Canada)]

Hasbro, Inc. (HAS) 
Last hasbro, inc. earnings: 4/29 06:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.hasbro.com/investor-relations
Company Research Source: Financial Post
What used to cost $2 to transport the classic toy by boat from China to Los Angeles is now up to $12, representing half the sticker price. That's eating into profits for its manufacturer, Basic Fun, a Florida-based midsize firm that's been preparing for battle this holiday season. Sneak peek: Best Buy pre-Black Friday deals Advertisement “We're not getting a break at a single step,” Chief Executive Officer Jay Foreman said in an interview. “We have to monitor every single stage of the supply chain.” Advertisement Article content The final months of the year are crucial for toymakers of all sizes, but smaller companies are staring down an existential crisis in navigating the world's worst traffic jam. Basic Fun — also known for Lincoln Logs and K'Nex building sets as well as Care Bears — created two “war rooms” in Hong Kong and Boca Raton, Florida, where 18 employees are working in shifts around the clock. The teams are coordinating every step of the once humdrum logisti Show less Read more
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