Hasbro Points To Toys R Us After Poor Performance
The toymaker Hasbro reported weaker-than-expected earnings Monday, and the company’s CEO pointed to the ongoing liquidation of Toys R Us stores in the U.S. as a cause. Toys R Us was one of Hasbro’s largest customers, and it filed for bankruptcy in September.
Copyright 2020 NPR. To see more, visit https://www.npr.org.