Hasbro, Mattel expand as logistics cost inflation spoils playtime — Panjiva
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Hasbro, Mattel expand as logistics cost inflation spoils playtime

China 2971 Cons. Discr. - Durables 513 Earnings 725 India 512 Quote Watch 452 U.S. 5317 Vietnam 374

Toymakers Hasbro and Mattel both delivered revenue growth above analysts’ expectations in Q$4’20, though that has come at a price. Hasbro delivered growth of 3.6% year over year – 2.1 percentage points above analysts’ expectations – on strong board game sales while Mattel’s expanded by 10.3%, beating forecasts by 2.6 percentage points. Both experienced faster growth in North America than the rest of the world. U.S. seaborne imports of toys linked to Hasbro rose by 11.7% year over year in Q4’20 while Mattel’s climbed 23.4% higher. Both have continued to expand in the new year, with import...

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