Hasbro To Raise Toy Prices Due To Raw Material Costs
Speaking to the investors during*Hasbro’s*2021 First Quarter Financial Results Conference Call, the toy giant stated that the company will raise toy prices to counter the rising raw material costs. “Hasbro Inc (HAS.O) said on Tuesday it would raise prices of toys and games to counter higher raw material costs as the company sees surging demand for its Nerf blasters and board games from families spending more time at home. Shares of the Monopoly maker, which late on Monday announced the sale of Entertainment One Music to Blackstone Group Inc (BX.N) for $385 million, rose 1% in morning trading.” » Continue Reading.
Re: Hasbro To Raise Toy Prices Due To Raw Material Costs
If prices go up higher, I'm done. They're too expensive as it is and it's just robbery past this point. People are out of work and the economy isn't good and all they can think about is raising prices. Fuck them.
Re: Hasbro To Raise Toy Prices Due To Raw Material Costs
Shipping right now is super expensive.. All air freight from any courier has a premium on it. So i could see that but this appears to be a permanent change and not one to deal with the current pandemic situation.