Industry Overview - Halloween spending is projected to increase by 13% year-over-year (YOY) to over $13 billion, indicating strong consumer interest despite overall spending cuts due to inflation [2][3] - Retailers specializing in holiday goods are expected to benefit from this increase in consumer spending [2] Walmart - Walmart is anticipated to be a primary destination for Halloween shopping, with a current stock price of $102.99 and a 12-month price forecast of $112.38, representing a 9.12% upside [3][4] - The company has shown a year-to-date return of nearly 15% and is expected to achieve over 18% earnings growth [4] - Walmart's e-commerce business has surged by 25% YOY, and the company is exploring growth in advertising, membership income, and international expansion [5] - Despite concerns over high valuation and tariff risks, analysts remain bullish, with 30 out of 31 ratings being a Buy [6] Hasbro - Hasbro's stock is currently priced at $75.96, with a 12-month price forecast of $87.64, indicating a 15.37% upside [8] - The company has reported strong growth in digital gaming and its Wizards of the Coast segment, with a 23% YOY revenue increase in the last quarter [9] - Although consumer products linked to Halloween saw a 16% decline in sales, October is expected to be a positive month for Hasbro [10] - Analysts rate Hasbro as a Moderate Buy, with 10 out of 12 ratings being positive and a potential upside of over 17% [11] Tootsie Roll - Tootsie Roll's stock is currently priced at $42.42, with a forecast indicating a significant downside, but it remains a Buy based on one analyst rating [12] - The company has shown a 14% YOY improvement in EPS despite economic headwinds, with a 3% sales growth [13] - Tootsie Roll offers a dividend yield of 0.84% and maintains a conservative balance sheet, providing flexibility for future challenges [14][15]