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Hasbro 2Q Earnings Glum But CEO See Uptick Coming In Toys, Entertainement & eOne Synergies

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Jill Goldsmith Co-Business EditorGiant toymaker Hasbro, parent of eOne, missed revenue forecasts as supply chains, sales and entertainment production were disrupted by COVID-19 last quarter, but its CEO said he believes “the outlook improves from here.”Chief executive Brian Goldner particularly noted that the Pawtucked, R.I.-based company expects to see the benefit of synergies from the acquisition of eOne and remains “on track to deliver against our plan of $130 million in synergies by year-end 2022.”Overall, “We have a strong entertainment lineup for 2021, through internally developed as well as third-party entertainment,” Goldman noted.

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