Hasbro (HAS) Gains 21% YTD: Will the Upward Trend Continue?

Consistent focus on product launches and a shift toward more technology-driven toys involve certain costs and expenses. These investments are likely to drive profits in the long term, however, they might prove to be detrimental in the near term. The company has been shouldering high expenses concerning freight, product costs, sales allowances, and various toy and gaming products closeouts. Also, product development costs are adding pressure on the bottom line. Nonetheless, the aforementioned tailwinds have ...