With a market value of some $13 billion and sales of nearly $5.5 billion, Hasbro is one of the world's largest toymakers, ahead of both Lego and Mattel. Three years ago, the company blamed its earnings misses on the 2017 bankruptcy of its retail store brand Toys 'R' Us. Hasbro has since bounced back. But the pandemic created new challenges for the company as the cost to build and deliver its toys surged.
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Latest news for Hasbro
- MagazineGlobal trade’s new playbook: 3 lessons for winning in a world transformedAugust 2, 2021 8:00 AM UTC
- EntertainmentHasbro’s Toy Box Is Bigger Than Ever With $3.8 Billion Entertainment One TakeoverDecember 30, 2019 8:30 PM UTC
- EntertainmentHasbro Is Launching a Lie Detector Party Game and Ghost-Busting RobotFebruary 15, 2019 7:35 PM UTC
- BriefingHasbro to Lay Off Up to 10% of Workforce in Wake of Toys ‘R’ Us ClosureOctober 22, 2018 3:13 PM UTC