dorfmanmaster

Delayed tariffs "for Christmas" might help HASBRO

Long
NASDAQ:MAT   Mattel, Inc.

News/fundamental
  • The USTR says that the tariffs on some items, including “certain toys,” will be delayed until Dec. 15.

  • September is a key shipping month for those companies as they prepare for the holiday shopping season, when the majority of the industry’s business occurs.

  • Hasbro told CNBC earlier this month that it would have “no choice but to pass along the increased costs to our U.S. customers” if the tariffs were put into place.


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