For toy makers Hasbro, Inc. HAS 0.54% and Mattel Inc. MAT 0.75%, the holiday shopping season is the most critical time of the year. Although the holiday shopping rush is still a couple of months away, UBS analyst Arpine Kocharyan is reporting some positive preliminary channel checks.
“After a solid H1, retailers are cautiously optimistic on toy sales heading into [the] all-important holiday season, with summer months having seen a typical slowdown in sales, according to trade,” Kocharyan explains.
For Mattel, Kocharyan notes the Barbie brand seems well-positioned ahead of Q4. UBS also reports a strong global roll-out of DC Super Hero Girls. Hot Wheels, Fisher-price and MEGA have also generated strong numbers so far this year ahead of the holiday season. Kocharyan even says that American Girl’s partnership with Toys “R” Us could be a future source of incremental revenue growth for Mattel. The company will look to reset its struggling Monster High brand with a new 2017 lineup.
For Hasbro, Kocharyan believes the Star Wars Rogue One product line is better than last year’s Star Wars lineup. Elena of Avalor sales are…
Click here to continue reading
Want to learn more about how to profit off the stock market? Or maybe you just want to be able to look sophisticated in front of your coworkers when they ask you what you are reading on your Kindle, and you’d prefer to tell them “Oh, I’m just reading a book about stock market analysis,” rather than the usual “Oh, I’m just looking at pics of my ex-girlfriend on Facebook.” For these reasons and more, check out my book, Beating Wall Street with Common Sense. I don’t have a degree in finance; I have a degree in neuroscience. You don’t have to predict what stocks will do if you can predict what traders will do and be one step ahead of them. I made a 400% return in the stock market over five years using only basic principles of psychology and common sense. Beating Wall Street with Common Sense is now available on Amazon, and tradingcommonsense.com is always available on your local internet!
