Hasbro, Inc. (NASDAQ: HAS) on Wednesday reported first-quarter 2020 financial results. Notably, it was the first announcement after the integration of Entertainment One Ltd. (eOne).
Due to the uncertainties surrounding COVID-19, the toymaker withdrew its outlook. The company added that it expects the second quarter to be impacted by the pandemic.
HAS shares fell 3.6% immediately following the announcement. The stock has fallen 26% since the beginning of this year.
Competitor Mattel (NASDAQ: MAT) will report quarterly results on May 5.
Walt Disney (DIS): After a tough FY20, the pandemic is likely to take a toll on operations next year too
The Walt Disney Company (NYSE: DIS) had a tough time in fiscal year 2020 with the COVID-19 pandemic bringing its operations to a standstill like never before. The company incurred
The recent optimism about economic recovery waned slightly this week after jobless claims increased more-than-expected to about 778,000 amid concerns over a resurgence in coronavirus cases. With the healthcare system
Yunji Inc. (NASDAQ: YJ) Q3 2020 earnings call dated Nov. 26, 2020 Corporate Participants: Kaye Liu -- Investor Relations Director Shanglue Xiao -- Chairman of the Board of Directors and Chief Executive Officer Chen