Hasbro's stock rallies as it shrugs off tariff impacts on new product launches
Portfolio Pulse from
Hasbro's stock has rallied as the company plans to reduce its reliance on Chinese manufacturing, moving from 50% to under 40% of its U.S. toy and game volume from China over the next two years. This diversification is aimed at mitigating tariff impacts on new product launches.
February 20, 2025 | 4:30 pm
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Hasbro's stock is positively impacted as the company announces plans to reduce its manufacturing reliance on China, aiming to mitigate tariff impacts on new product launches.
Hasbro's decision to diversify its manufacturing footprint is seen as a strategic move to mitigate risks associated with tariffs. This proactive approach is likely to be viewed positively by investors, leading to a short-term stock price increase.
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