Friday, February 8, 2019

Hasbro Confirms Toy Overhang

The Hasbro earnings report confirms the effect of the overhang of inventory from the Toys ‘R’ Us liquidation during the holiday shopping season. Sarah Whitten covering the story at CNBC:

I feel confident that the toy inventory overhang is still in stores and warehouses now after muted toy sales across the retail sector in 2018. It may take the 2019 holiday shopping season to get toy inventories back to a steady-state level.