Hasbro Toy Prices Going Up Again - Shipments to Russia Paused

US News reports Hasbro will raise prices again later this year due to increasing costs of supplies as well as the pausing of product sales to Russia. The response to the invasion of Ukraine in recent weeks may cost Hasbro as much as $100 million in lost sales. Prices are expected to increase this summer.

Hasbro Inc said on Tuesday it would have to raise prices further to cope with soaring costs and warned of a potential revenue hit of about $100 million this year due to its decision to pause toy shipments to Russia.
"To improve product in stocks this holiday season versus last, we're advancing deliveries of key items so that we can ensure they're on hand," said Chief Financial Officer Deborah Thomas on an analyst call.

Read the full report at usnews.com

Data Center

Member Comments

start the coversation with yours

(Membership Required)

Online Transformers Shopping

Advertise Here on TFormers.com

Search Online Stores for Transformers Legacy

Advertise on TFormers.com

This site uses cookies for site configuration, advertising, and analysis. By using this site you accept our policies - Read Full Site Policy OK
Sign Up For The TNI Newsletter And Have The News Delivered To You!

Entertainment News International (ENI) is the #1 popular culture network for adult fans all around the world.
Get the scoop on all the popular comics, games, movies, toys, and more every day!

Contact and Support

Advertising | Submit News | Contact ENI | Privacy Policy

©Entertainment News International - All images, trademarks, logos, video, brands and images used on this website are registered trademarks of their respective companies and owners. All Rights Reserved. Data has been shared for news reporting purposes only. All content sourced by fans, online websites, and or other fan community sources. Entertainment News International is not responsible for reporting errors, inaccuracies, omissions, and or other liablities related to news shared here. We do our best to keep tabs on infringements. If some of your content was shared by accident. Contact us about any infringements right away - CLICK HERE