Latest news with #HasbroInc.
Bloomberg
11-03-2025
- Business
- Bloomberg
Lego Cements Position as No. 1 Toymaker With Record Sales
Lego A/S grabbed more market share from its biggest competitors last year, cementing its positions as the world's largest toymaker, after revenue grew to a record. The Danish maker of the colorful toy bricks expanded annual sales by 13% to 74.3 billion kroner ($10.8 billion) in 2024, driven by strong demand in the Americas, Europe and the Middle East, the closely held company said in a statement on Tuesday. Its largest competitors, Mattel Inc. and Hasbro Inc., both registered sales declines in 2024.
Bloomberg
20-02-2025
- Business
- Bloomberg
Hasbro Sees Return to Growth and $1 Billion in Savings by 2027
Hasbro Inc. is targeting mid-single-digit sales growth through 2027 and savings of about $1 billion, as the toymaker laid out a plan to expand its reach over the next few years. The maker of G.I. Joe figurines and Dungeons & Dragons board games will allocate more investment to brands and categories with the highest potential to generate revenue and profit growth, such as Play-Doh, Magic: The Gathering, emerging markets and its self-published video games, the company said in a statement Thursday.
