‘Star Wars’ toys may not be enough to save Hasbro from Toys R Us bankruptcy woes
Hasbro is slated to report fourth-quarter earnings on Wednesday, but Davidson analyst Linda Bolton Weiser said she doesn’t expect the company to beat Wall Street’s expectations.
Residual effects from Toys R Us’ bankruptcy weighed heavily on rival Mattel’s earnings during the crucial holiday period, and Weiser foresees a similar impact on Hasbro.
Read the full story at CNBC.com
This is terribly sad, TRU has been a part of collecting my whole life, and that they were raided by their investors is truly a shame to see them go down, and severely damage the entire hobby of toys with it.
Maradona said
I wouldn’t. So far I’m not a fan of 95% of the stuff they’ve done with Lucasfilm/Star Wars since getting their hands on it and I’m not a fan with how they (on an executive level) constantly tried to throw Power Rangers under a bus for nearly the nine years that they owned it. Considering the recent Saban Hasbro dealings, I don’t want to see Power Rangers under their thumb again.
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