AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
Toymakers are facing empty shelves and potential losses due to steep tariffs imposed by the US administration. The industry relies heavily on Chinese imports, making them vulnerable to the trade turmoil. Companies like MGA Entertainment and Funko are experiencing significant financial impacts, with Funko facing a cash flow shortage and MGA estimating a 20% loss in sales. Industry giants Mattel and Hasbro are also seeing margin declines.
Daily stocks & crypto headlines, free to your inbox
Comments
No comments yet