Hints and tips:
Related Special Reports
...Hasbro has sought to counter the secular decline in toy sales with a pivot into entertainment, leveraging characters into TV shows and films....
...Lego's revenues are more than 50 per cent bigger than Mattel and Hasbro, but it's a fraction of the size of Disney....
...Hasbro investors, meanwhile, don’t seem to be particularly fussed, with its shares roughly the highest since before BofA gave Magic a kicking. Will it matter?...
...Shares in Mattel have risen 17 per cent in the past month, strongly outperforming rival Hasbro....
...The primary concern is that Hasbro has been overproducing Magic cards which has propped up Hasbro’s recent results but is destroying the long-term value of the brand....
...Adapting brands is known as IP (intellectual property) filmmaking, and it has spread from the Transformers films based on Hasbro toys to Disney’s Marvel franchise....
...The company added that Sanford Robertson, co-founder of buyout group Francisco Partners, and Hasbro chair emeritus Alan Hassenfeld — who have both sat on Salesforce’s board since 2003 — will step down....
...It is working with Lego to develop an online world, or “metaverse”, for children and has also developed Fortnite-branded toys with companies such as Hasbro....
...Shares in Hasbro slid almost 2 per cent to $93.90....
...Mattel, the maker of Barbie dolls and Hot Wheels cars, reported last week that its inventories were up 43 per cent year on year, for example, while rival Hasbro also had unusually high inventory levels as...
...The company lost the prized licence to rival Hasbro in 2016. That triggered financial turmoil and executive departures. Mattel fended off two takeover attempts....
...As a result, full-year revenue and net profit at Hasbro are down 8 per cent and 36 per cent respectively. At 21 times forward earnings Hasbro shares trade in line with the historic average....
...Mattel’s stock has outpaced Hasbro since the start of last year....
...Its rival Hasbro, which sells Star Wars action figures and Monopoly board games, also reported stronger sales in the three months to the end of December....
...Investors will learn more about the health of the toy sector as it heads into the all-important holiday shopping season on Monday, when Mattel’s rival Hasbro reports earnings....
...Hasbro is firing back....
...Hasbro has fared better since winning the lucrative contract for Disney princess dolls from Mattel. Hasbro would probably not welcome an enlarged MGA....
...Hasbro said it was unable to ship all of the orders by the end of the quarter....
...Hasbro, whose brands include Transformers, Play-Doh and My Little Pony, included the possibility of coronavirus-related shortages among the risk factors disclosed this month to investors....
...Hasbro is going the whole hog on Peppa Pig....
...Entertainment One accepted a £3.3bn offer from Hasbro late on Thursday....
...Hasbro shares were up 34 per cent year-to-date as of Monday’s close....
...Hasbro shares jumped 15 per cent to $101.39 and were on track for their best day since January 1996....
...In its franchise brands, Hasbro’s largest division, revenues fell 8 per cent year-on-year in the fourth quarter....
International Edition