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Thread
:
No surpise, Hasbro: Weak sales and stock drop
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07-25-2017, 04:07 PM
Snakeeyesisposh
Cobra Lab Rat
Join Date: Sep 2013
Location: California
Posts: 3,042
Not gonna beat a dead horse, but I remember saying Hasbro's strategy was unsustainable for thee toy lines, well here you go. Proof that sales are stalling.
Hasbro (HAS) Stock Price, Financials and News | Fortune 500
Hasbro Shares Fall 10% on Weak Easy-Bake Sales | Fortune.com
Hasbro Shares Hit After Hollywood-Related Toy Sales Disappoint | Deadline
*edit: You know what? READ THE PRIMARY SOURCE. If I see one more person say "BECAUSE JTA said it" and not quote the Fortune article, I will be extremely pissed off.
---------------- FROM FORTUNE ARTICLE DAMMIT.
"The company also saw sluggishness in its group that includes Star Wars and Marvel products, with sales up only 1%." (That's terrible growth. New product not selling or old product not selling, either way bad.)
"Star Wars: The Last Jedi" film is expected to help fuel results in the second half of the year." (Wait for next movie to surge sales. So they are reliant on Star Wars for Sales Growth.)
"Hasbro (has) suffered its largest share drop in nearly two years on Monday after the toymaker said sales of its Easy-Bake, Playskool and Super Soaker brands plummeted in the second quarter.." (Largest stock drop in two years due to anemic sales. So the sales figures are not normal, they are INDEED below normal. Also super soakers hmmm, another sore point from their previous customers. Not really surprising)
--------------------------------------
---------------------
By the way, Supersoakers have a similar epic fail non sustainable market story as their fans can tell you on isoaker, their fan page.
History of the Super Soaker :: :: iSoaker.com
Princess merchandise is doing well I guess. . ..
Last edited by Snakeeyesisposh; 07-26-2017 at
04:18 AM
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