Hasbro shares plunge as toymaker battles tariff costs
(Reuters) - Hasbro Inc (HAS.O) fell well below Wall Street estimates for quarterly profit on Tuesday, as the toy maker wrestled with higher shipping and warehousing costs due to U.S. tariffs on Chinese imports, sending its shares down about 18%.
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https://www.reuters.com/article/us-hasbr...SKBN1X1164?
(Reuters) - Hasbro Inc (HAS.O) fell well below Wall Street estimates for quarterly profit on Tuesday, as the toy maker wrestled with higher shipping and warehousing costs due to U.S. tariffs on Chinese imports, sending its shares down about 18%.
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https://www.reuters.com/article/us-hasbr...SKBN1X1164?