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Hasbro lays off 3% of workforce amid tariff pressures
Hasbro Inc (NASDAQ:HAS) has laid off about 3% of its workforce as part of a cost-cutting and restructuring initiative driven by higher costs due to tariffs. The company sources about half of its US toy and game inventory from China, making it exposed to higher costs under increased tariffs imposed by the Trump administration.
Toy Giant Hasbro Lays Off 3% of Staff Amid Tariffs, Reports Say
Hasbro (HAS) has reportedly laid off 3% of its global workforce as tariffs boost costs at the toy maker.
Toymaker Hasbro cuts 3% of its total workforce, WSJ reports
Toy seller Hasbro has cut 3% of its global workforce in its latest cost-cutting effort amid higher US tariffs on toys from China.
Hasbro (HAS) Sees a More Significant Dip Than Broader Market: Some Facts to Know
The latest trading day saw Hasbro (HAS) settling at $67.81, representing a -2.43% change from its previous close.
3 Toys & Games Stocks to Keep an Eye on Amid Rising US Sales
The Zacks Toys - Games - Hobbies industry benefits from robust demand for sports toys, fashion dolls and accessories, and STEM toys. Stocks like HAS, MAT and JAKK are well-positioned at the moment.
Hasbro (HAS) Sees a More Significant Dip Than Broader Market: Some Facts to Know
In the latest trading session, Hasbro (HAS) closed at $66.71, marking a -0.13% move from the previous day.
Here's Why Hasbro (HAS) is a Strong Value Stock
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Here's Why Investors Should Retain Hasbro Stock in Their Portfolio
HAS emphasizes MAGIC: The Gathering, cost cuts and Disney ties, to drive growth. Yet, macro uncertainty and tariff risks cloud the outlook.
145% vs. 30%: Hasbro exec breaks down how the 'pleasant surprise' of Monday's China deal changed the company's plans
A Hasbro exec said the company's plans drastically changed after tariffs on China were paused. She said the company halted pricing changes and plans to halt some production entirely.
Why Hasbro (HAS) is a Top Value Stock for the Long-Term
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Hasbro: Reiterate Buy Rating On Demand Momentum And De-Risked Guidance
Reiterating my buy rating on Hasbro Inc. due to strong 1Q25 results and favorable FY25 guidance, showcasing impressive growth and profitability. WOTCDG segment drives growth with a 46% y/y revenue increase and significant margin expansion, bolstering confidence in continued momentum and future launches. The retail environment remains stable, with steady retailer orders and POS trends, supporting strong demand for the crucial 4Q25 holiday season.
