The toy industry saw a dip in sales during its first holiday season without Toys R Us. Data from market researcher NPD Group showed that U.S. customers spent $21.6 billion on toys last year, less than the $22 billion spent in 2017, representing a 2...
With the fall of Toys R Us impacting sales, Hasbro fell short of third-quarter earnings and revenue estimates. The company reported revenues of $1.57 billion and earnings of $1.93 a share compared to estimates of $1.71 billion and $2.23 respectively, CNBC reported. Wall Street analysts...
Major retailers are stepping in to fill the void left by Toys R Us: Walmart, in particular, is growing its toy assortment by 30 percent in its brick-and-mortar stores, and by 40 percent online. To that end, the retailer is rolling out “thousands” of additional...
The Force is strong with toy sales, apparently. Buoyed by the success of the latest Star Wars movie released just before Christmas, “Star Wars: The Force Awakens,” sales of Star Wars toys have been leading a bullish toy industry, which is poised to post its best...
January 29, 2019
The toy industry saw a dip in sales during its first holiday season without Toys R Us. Data from market researcher NPD Group showed that U.S. customers spent $21.6 billion on toys last year, less than the $22 billion spent in 2017, representing a 2 percent drop in sales. “After the liquidation announcement of Toys […]
October 22, 2018
With the fall of Toys R Us impacting sales, Hasbro fell short of third-quarter earnings and revenue estimates. The company reported revenues of $1.57 billion and earnings of $1.93 a...
