Hasbro CEO does not expect anything serious from the US trade dispute with China, he told Jim Cramer CNBC in a Monday interview.
However, China remains an important part of Hasbro's sales. While Toys R Us, once an integral dealer in Hasbro merchandise, ceased its US operations, Goldner said its toy and games maker was still waiting for the fate of Toys R Us Asia.
"We are waiting for a solution Toys R Us Asia as the two partners are working out a new arrangement in China, and then we are moving forward without Toys R Us," said the CEO.
Meanwhile, Hasbro has "so many new retail channels" with 1
"These are all kinds of new retailers out there," he said, adding that Hasbro would enter the 2018 Christmas season. with many new types of retailers as we continue to grow the business and capture the share Toys R Us has left behind.
Hasbro reported results for the third quarter on Monday, which were weaker than Wall Street's expected earnings and earnings are missing analysts' expectations.
H asbro's shares closed 3.09 percent on Monday and still felt the impact Effects of the Company's Profitability Report The stock closed the trading day at $ 95.01 per share.
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