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Hasbro CEO Goldner: 'Price Increase' on Toys Won't Hurt 'High Demand' of Our Products

26 Jul 2021
Hasbro CEO and chairman Brian Goldner said Monday on CNBC’s “Squawk on the Street” that he expected robust demand for toys to continue even though the company was increasing prices.
Co-host Morgan Brennan asked, “As we enter what’s usually traditionally peak shipping season for the container ships right now ahead of the Christmas holiday and whatnot later this year, what are you seeing in terms of supply chain dynamics and how is that affecting you from a cost perspective?”
Goldner said, “We are adding carriers. We took a price increase that will go into effect fully for the fourth quarter. That is to cover our costs and to maintain our gross margin, and to ensure we achieve a 15% or better profit margin that we set as our target for the year. We are going to see those costs come in our business. On average, for example, ocean freight is on average four times more expensive than it was a years ago.” ....

Morgan Brennan , Brian Goldner , மோர்கன் ப்ரென்னன் ,

"Best. Day. Ever." What If Jeff Bezos's Big Space Adventure Saves Us All

"Best. Day. Ever." What If Jeff Bezos's Big Space Adventure Saves Us All
vanityfair.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vanityfair.com Daily Mail and Mail on Sunday newspapers.

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Jeff Bezos Says This Is a 'Tiny Little Step' Toward Blue Origin's Plan to Build a Road to Space – NBC 7 San Diego

Jeff Bezos Says This Is a 'Tiny Little Step' Toward Blue Origin's Plan to Build a Road to Space – NBC 7 San Diego
nbcsandiego.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nbcsandiego.com Daily Mail and Mail on Sunday newspapers.

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Jeff Bezos Looks to Life Beyond Amazon After Historic Space Ride

Jeff Bezos Looks to Life Beyond Amazon After Historic Space Ride
nbcnewyork.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nbcnewyork.com Daily Mail and Mail on Sunday newspapers.

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Jeff Bezos Looks to Life Beyond Amazon After Historic Space Ride

Jeff Bezos Looks to Life Beyond Amazon After Historic Space Ride
nbcconnecticut.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nbcconnecticut.com Daily Mail and Mail on Sunday newspapers.

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