No Games: Hasbro Stock Sees Serious Gains menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.
Hasbro Reports First Quarter 2024 Financial Results streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Hasbro Inc (NASDAQ:HAS), the toys and board game maker, is preparing to open 9.5% higher on Wednesday after it beat profit estimates and experienced a.
(Reuters) -Hasbro reported a smaller-than-expected drop in first-quarter sales and handily beat profit estimates on Wednesday, as leaner inventories and steady digital gaming revenue helped cushion a drag from softer demand for toys. "We made solid progress in our turnaround efforts in the first quarter," Hasbro CFO Gina Goetter said. Inventory levels remained "healthy both at retail and at Hasbro", the company said, adding it would restock going into the second quarter to support product innovation and retail shelf visibility.