From Barchart: 2025-06-18 07:23:00

Toy maker Hasbro is cutting 3% of its global workforce, about 150 employees, due to rising U.S. tariffs on Chinese toys. CEO warns of higher consumer prices and reduced profits. Hasbro sources 50% of U.S. inventory from China, facing tariff pressures and soft retail demand.

To protect margins, Hasbro is diversifying its supply chain beyond China and streamlining operations. Focus shifts to digital gaming and licensed content for younger demographics. The company aims for operational efficiency and faster decision-making through restructuring.

Hasbro’s financial health remains strong with solid credit metrics. The company ended fiscal 2024 with ample cash and manageable leverage. Investors should note ongoing cost discipline, supply-chain realignment, and growth in digital gaming to navigate trade-policy challenges. Monitoring Hasbro’s credit profile is crucial for investment decisions.



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