Hasbro shares down 3% after profit roughly halves in latest quarter, with consumers feeling pressure from inflation
October 18, 2022 at 14:06 PM EDT
Hasbro Inc. shares slid 3% Tuesday after the toy company reported third-quarter net income that was roughly half that of the same period last year, as retailers sped up shipments to avoid supply-chain snags and customers showed sensitivity to high inflation.
