Hasbro Shares Decline After Toys Aimed at Boys Suffer SlowdownBy
Lack of ‘Transformers’ movie takes toll on company’s sales
Boys toys had surged 24 percent in the previous quarter
Where’s Optimus Prime when you need him? Hasbro Inc. suffered its worst stock decline in nine months after reporting a slowdown in growth of boy-oriented toys, hurt in part by the lack of a new “Transformers” film.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.