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Hasbro to lay off dozens of employees
With Hasbro layoffs on horizon, R.I. leaders pitch I-195 land for toymaker’s new home
To those waiting for answers on the fate of Hasbro Inc.’s Pawtucket headquarters: Keep waiting. Hasbro CEO Chris Cocks in an email Wednesday to employees promised an update on the Rhode Island-based toy and game company’s “location strategy” in the first three months of 2025,
Hasbro to lay off dozens of employees; CEO says toymaker could move out of R.I. in mid-2026
The company released its financial results for the third quarter on Thursday, showing revenue had declined by 15 percent compared with the same quarter last year.
Hasbro to layoff dozens of jobs, includes Rhode Islanders
Hasbro says it will lay off about 100 employees as the company announced a restructuring plan this week. Of those layoffs, a company spokesperson told NBC 10 that Rhode Islanders make up about half of those numbers.
1d
Hasbro Sales Down 15%, Profits Up As Turnaround Challenge Continues
The toy maker continues to have growing pains related to its multiyear turnaround plan, which involves shedding less ...
1d
on MSN
Hasbro to lay off workers as it contemplates move to Boston
Hasbro, known for brands such as Monopoly, Dungeons & Dragons, Play-Doh, and Mr. Potato Head, is laying off close to 100 ...
1d
Hasbro's cost-saving efforts drive profit beat even as toy sales drag
Hasbro's cost-saving efforts helped the Monopoly owner surpass Wall Street estimates for profit in the third quarter, despite ...
1d
on MSN
Hasbro sees 15% revenue drop, could move out of RI by mid-2026
Hasbro, the toymaking and entertainment giant that's called Rhode Island home for more than a century, could move out of ...
17h
Hasbro’s Strong Profitability Potential and Growth Prospects Amidst Market Overreaction
Analyst Megan Alexander from Morgan Stanley maintained a Buy rating on Hasbro (HAS – Research Report) and increased the price target to ...
1d
on MSN
Could Hasbro be leaving Rhode Island after a century? Company promises 'location strategy' announcement
If the company leaves Rhode Island, where it was founded a century ago, could it join LEGO in moving to Boston?
15h
Analysts See Hasbro's Mixed Q3 As Pathway To Growth: Cost Cuts, Gaming, And Product Innovation In Focus
Hasbro rerated by analysts after mixed quarterly print. JPMorgan maintains Overweight with a price forecast of $79, BofA Securities maintains Buy with $95 price target.
1d
on MSN
Mattel, Hasbro lower guidance ahead of holiday season
Toy giants Mattel and Hasbro decreased 2024 guidance prior to the holiday season as toy sales continue to fall during the ...
The Motley Fool
1d
Hasbro: EPS Improvement, Revenue Drop
Hasbro
reported a 15% year-over-year revenue decline, with $1,281.3 million for the quarter ended September 2024. Adjusted ...
1d
on MSN
Hasbro profit beats estimates as cost cuts offset weak toy demand
Hasbro's cost-saving efforts helped the Monopoly owner surpass Wall Street estimates for profit in the third quarter, despite ...
1d
on MSN
Hasbro employee laid off after 25 years reflects on remarkable career
John Warden worked for Hasbro for more than 25 years, designing toys for popular franchise brands like Transformers, G.I. Joe ...
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