Latest Games and toys manufacturing News

A resurgence in Barbie sales helps lift Mattel's 3Q results

Oct. 29, 2019 8:15 PM EDT

NEW YORK (AP) — Mattel Inc., helped by the resurgence of Barbie and other iconic toys, on Tuesday reported third-quarter results that handily beat analysts' forecasts and offered evidence that its multiyear turnaround is gaining momentum. Its stock soared 19% in after-market trading Tuesday. Mattel said...

For toymaker Hasbro, trade wars are no fun

Oct. 22, 2019 8:53 PM EDT

PAWTUCKET, R.I. (AP) — Shares of Hasbro plunged Tuesday after the company revealed that the trade war is wreaking havoc on its supply chain and creating confusion among customers for its toys. The company said price hikes may be on the way for consumers as it offsets rising costs. Hasbro CEO Brian Goldner...