Hasbro Sees Revenue Decline 13%-15% Driven By Softer Outlook In Consumer Products
Portfolio Pulse from Benzinga Newsdesk
Hasbro Inc. expects a 13%-15% decline in revenue due to a softer outlook in consumer products.
October 26, 2023 | 10:37 am
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Hasbro Inc. is expected to experience a 13%-15% decline in revenue due to a softer outlook in consumer products.
Hasbro's revenue is expected to decline by 13%-15% due to a softer outlook in consumer products. This could negatively impact the company's stock price in the short term as it indicates a potential decrease in sales and profitability.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100