Toys ‘R’ Us bankruptcy hangs over toymakers as holidays approach

TOYS
TOYS "R" US' bankruptcy filing affected both Hasbro Inc.'s and Mattel Inc.'s fourth quarter projections. / BLOOMBERG FILE PHOTO/LUKE SHARRETT
NEW YORK - When Toys “R” Us Inc. filed for bankruptcy last month, it vowed to keep operating stores, boosting investor optimism that the impact on the biggest toymakers this holiday season would be limited. But with Hasbro Inc.’s weaker-than-expected sales forecast and  Mattel Inc.’s revenue trailing projections - and both companies citing Toys “R” Us as…

Want More Free?

To access 2 more articles, please log in or register for free.

Registered users get access to a limited number of free articles every month.

Register Now

Already registered? Login to access more free articles.

Purchase NowWant to share this story? Click Here to purchase a link that allows anyone to read it on any device whether or not they are a subscriber.

- Advertisement -