Hasbro Shares Take A Beating, Hope For TLJ Launch To Increase Sales

Fortune is reporting that Hasbro has suffered a 14% decrease in quarterly sales (its largest sales drop in two years). Much of the decrease has been due to a significant drop-off in popular products like the Easy Bake Oven and Super Soaker sales (among other high profile toys including Star Wars and Marvel). Shares recently fell 8.5%, the worst drop since October 2015 (right after Force Friday). The article goes on to say that the suits at Hasbro are banking on Star Wars: The Last Jedi to boost their faltering bottom line. Check out the article.

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