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home / news releases / hasbro still not positive on the near term outlook

HAS - Hasbro: Still Not Positive On The Near-Term Outlook

Hasbro Inc.

2024-03-14 03:45:59 ET

Summary

  • Hasbro's demand environment remains weak, and there is no sign of improvement in the near term.
  • The company reported sluggish performance in Q4 2023, with revenue falling by 23% and missing expectations.
  • Hasbro has successfully reduced its own inventory levels, but the industry still faces pressure from high levels of discounted inventory.

Overview

For further details see:

Hasbro: Still Not Positive On The Near-Term Outlook
Stock Information
Company Name: Hasbro Inc.
Stock Symbol: HAS
Market: NASDAQ
Website: hasbro.com
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