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Category: Toy News

Hasbro reports quarterly loss while holiday sales look grim

Hasbro Indiana Jones - Staff of Ra head piece box art

Hasbro is feeling the post-pandemic pinch as shares drop to levels not seen since 2015. Hasbro reported Q3 earnings that missed expectations. Hasbro reported third-quarter earnings Tuesday morning that fell short of analysts’ expectations as inflation weighed on consumers and the company contended with high levels of inventory.

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