Where Will Hasbro Be in 5 Years?

Hasbro's (NASDAQ: HAS) been having a rough 2020. The top toymaker came into the year after a winning fourth quarter full of Disney licensing success, and it's been trying to transition from the legacy brands that have defined it for decades to a more digitally focused platform. That progress has been thwarted by COVID-19, and the 2020 first quarter showed a dismal 30% sales decrease that was worse than rival Mattel's (NASDAQ: MAT) 15% decrease.

But the pandemic will (hopefully) eventually end, and Hasbro will get back on track. Let's take a look at where that track is going.

Image source: Getty Images.

Source Fool.com