Hasbro To Raise Toy Prices Due To Raw Material Costs

[Super_Megatron]

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.

The post Hasbro To Raise Toy Prices Due To Raw Material Costs appeared first on Transformer World 2005 - TFW2005.COM.



More...

[RNSrobot]

Hahahaha

[evenstaves]

"You'll buy it anyway"

[Wheelwave]

What does that mean for Canadian prices? Like how much will a voyager or deluxe cost now?

[xueyue2]

Please tell us something new? This is reality like in the past 10 years.

[Matrix_Holder]

Their materials are cheaper than they were 10 years ago, plastics are much , much cheaper so this is just pure greed.

[ringrust]

Isn't this a yearly tradition now?

[ssjgoku22]

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.

[Ransak The Elder]

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.

[wrx78]

raise prices + hollow out almost everything. hey kids, Pretender shells are back (minus the pretender).

Kinder Egg X Transformers will be the next collaboration.

That should keep the shareholders happy.