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Toys R Us Bankruptcy Casts Its Shadow on Hasbro and Mattel Earnings


Toys R Us Bankruptcy Casts Its Shadow on Hasbro and Mattel Earnings

The news of Toys R Us' bankruptcy sent waves through the industry, but the two biggest toymakers, Hasbro (NASDAQ: HAS) and Mattel (NASDAQ: MAT), are showing different stripes in their latest quarterly results.

In this episode of Industry Focus: Consumer Goods, Vincent Shen is joined by Fool.com contributor Danny Vena as they dive into earnings and the long-term vision that leadership at both companies are currently pursuing. For Mattel, all eyes are on the early stages of their turnaround, but Hasbro is pouring resources into its own growth initiatives.

A full transcript follows the video.

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Source: Fool.com

Hasbro Inc. Stock

€63.14
-0.320%
Hasbro Inc. shows a slight decrease today, losing -€0.200 (-0.320%) compared to yesterday.
We see a rather positive sentiment for Hasbro Inc. with 18 Buy predictions and 2 Sell predictions.
As a result the target price of 70 € shows a slightly positive potential of 10.86% compared to the current price of 63.14 € for Hasbro Inc..
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