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Hasbro aims to cut Chinese toy imports to under 40% to avoid tariffs, forecasting $1.1B-$1.15B EBITDA in 2025.
Toy company Hasbro plans to reduce its toy imports from China from 50% to less than 40% over two years to mitigate the impact of tariffs.
The company's 2025 adjusted EBITDA is forecasted between $1.1 billion to $1.15 billion.
Hasbro expects a stable industry performance this year, with trading cards and building blocks leading.
The company also announced a collaboration with Mattel to produce Play-Doh Barbie dolls.
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Hasbro pretende reducir las importaciones de juguetes chinos a menos del 40% para evitar aranceles, pronosticando un EBITDA de $1,1B-$1,15B en 2025.