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Reuters - 3 days ago

Embracer's Asmodee to cut debt by $1.6 bln ahead of spin-off

UPDATE 2-Embracer's Asmodee to cut debt by $1.6 bln ahead of spin-off Asmodee to reduce debt by 1.5 bln euros Spin-off from Embracer to be completed by end-March 2025 Sees mid-single-digit pct organic growth in medium term Sees mid-term EBITDA margin of above 18% Recasts, adds CEO comments in paragraphs 6 and 11, details and context from paragraph 7 By Jesus Calero Nov 19 (Reuters) - Tabletop game publisher Asmodee said on Tuesday it would reduce its debt by 1.5 billion euros ($1.6 billion) as i

Reuters - 2 weeks ago

Toymakers Hasbro, Mattel slip as Trump tariff concerns loom

BUZZ-Toymakers Hasbro, Mattel slip as Trump tariff concerns loom ** Shares of toy manufacturers Mattel MAT.O and Hasbro HAS.O fall in mid-day trading ** Donald Trump, who was elected as the next U.S. president, could propose 60% tariffs on U.S. imports of Chinese goods that will hurt toy makers, analysts say ** Mattel down as much as 7.5% to $18.70 - set for its worst day since July 23 ** Hasbro slips as much as 6.5% to $62.62, its lowest since Aug.

Reuters - 2 weeks ago

Retail stocks tumble as Trump's China tariff threat looms

BUZZ-Retail stocks tumble as Trump's China tariff threat looms Updates ** Shares of retailers with import exposure to China fall after Donald Trump elected U.S. president ** Trump said in February he would impose tariffs exceeding 60% on China , if elected ** Shares of Target TGT.N down ~3%, while Walmart WMT.N down marginally ** Online furniture retailer Wayfair W.N drops ~15% to a near year-and-a-half low, Williams-Sonoma WSM.N down 5%, RH RH.N down ~5% ** Home Depot HD.N and Lowe's LOW.N down

Reuters - 2 weeks ago

Retail stocks tumble as Trump's China tariff threat looms

BUZZ-Retail stocks tumble as Trump's China tariff threat looms ** Shares of retailers with import exposure to China fall after Donald Trump elected U.S. president ** In Feb, Trump said he would impose tariffs exceeding 60% on China if elected ** Shares of Target TGT.N down nearly 3%, while Walmart WMT.N down marginally ** Shares of online furniture retailer Wayfair W.N down 10%, Pottery Barn-parent Williams-Sonoma WSM.N down 4%, while RH RH.N down nearly 6%, while high-end furniture retailer RH

Reuters - 4 weeks ago

Hasbro's cost-saving efforts drive profit beat even as toy sales drag

UPDATE 4-Hasbro's cost-saving efforts drive profit beat even as toy sales drag Posts third-quarter revenue below Street estimates Turnaround efforts boost margins to 25.7% Raises annual forecast for digital gaming segment Shares down about 4% in early trade Adds CFO comment in paragraph 3, updates shares By Savyata Mishra Oct 24 (Reuters) - Hasbro HAS.O surpasse d Wall Street estimates for third-quarter profit as the Monopoly owner benefited from cost controls and strong digital gaming demand, e

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