Hasbro sales weighed down by Toys "R" Us collapse, shares fall
Friday, 8 February 2019 () Toymaker Hasbro Inc reported a bigger-than-expected fall in quarterly revenue on Friday, as it struggled with lost sales from the collapse of retailer Toys "R" Us and weak demand in the UK, sending its shares down 9 percent.
Online grocer Ocado has seen shares slump after it warned over a hit to sales following a huge fire which swept through its warehouse in Hampshire. The group's shares dropped 6% as it said it would see a fall in sales growth until it can shift operations to other warehouses following the fire at its...
Hasbro and Mattel results might not look similar, but brought together they offer a key insight into the toy trade for investors. That key factor is an idea of just how much each company is levered to..