Toy Makers Face Varying Exposure to New Tariffs -- Market Talk

Dow Jones

2025/04/04

1638 ET - Toy companies are highly exposed to President Trump's new sweeping tariffs, which are set to further raise levies on China while adding starkly higher ones elsewhere. Hasbro, which makes Nerf blasters and Play-Doh, appears to be the best positioned, thanks to sourcing some of its high-margin Wizards of the Coast products from the U.S., Jeffries analysts say in a research note. Rival Mattel, which makes Barbie dolls and Hot Wheels cars, has the most exposure to Southeast Asia, with principal manufacturing sites in Indonesia, Malaysia, Thailand and Vietnam. Canadian toy maker Spin Master "appears fairly middle ground with the exposure to the EU," analysts write. Hasbro shares sank 12%, Mattel shares tumbled 17% and Spin Master shares fell 9%. (connor.hart@wsj.com)

(END) Dow Jones Newswires

April 03, 2025 16:39 ET (20:39 GMT)

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Hasbro, which makes Nerf blasters and Play-Doh, appears to be the best positioned, thanks to sourcing some of its high-margin Wizards of the Coast products from the U.S., Jeffries analysts say in a research note. Rival Mattel, which makes Barbie dolls and Hot Wheels cars, has the most exposure to Southeast Asia, with principal manufacturing sites in Indonesia, Malaysia, Thailand and Vietnam. Canadian toy maker Spin Master \"appears fairly middle ground with the exposure to the EU,\" analysts write. Hasbro shares sank 12%, Mattel shares tumbled 17% and Spin Master shares fell 9%. (connor.hart@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 03, 2025 16:39 ET (20:39 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Toy Makers Face Varying Exposure to New Tariffs -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nToy Makers Face Varying Exposure to New Tariffs -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-04-04 04:39</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1638 ET - Toy companies are highly exposed to President Trump's new sweeping tariffs, which are set to further raise levies on China while adding starkly higher ones elsewhere. Hasbro, which makes Nerf blasters and Play-Doh, appears to be the best positioned, thanks to sourcing some of its high-margin Wizards of the Coast products from the U.S., Jeffries analysts say in a research note. Rival Mattel, which makes Barbie dolls and Hot Wheels cars, has the most exposure to Southeast Asia, with principal manufacturing sites in Indonesia, Malaysia, Thailand and Vietnam. Canadian toy maker Spin Master \"appears fairly middle ground with the exposure to the EU,\" analysts write. Hasbro shares sank 12%, Mattel shares tumbled 17% and Spin Master shares fell 9%. (connor.hart@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 03, 2025 16:39 ET (20:39 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4566","symbol_name":"资本集团","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2524078215","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2524078215","pubTimestamp":1743712740,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1638 ET - Toy companies are highly exposed to President Trump's new sweeping tariffs, which are set to further raise levies on China while adding starkly higher ones elsewhere. Hasbro, which makes Nerf blasters and Play-Doh, appears to be the best positioned, thanks to sourcing some of its high-margin Wizards of the Coast products from the U.S., Jeffries analysts say in a research note. Rival Mattel, which makes Barbie dolls and Hot Wheels cars, has the most exposure to Southeast Asia, with principal manufacturing sites in Indonesia, Malaysia, Thailand and Vietnam. Canadian toy maker Spin Master \"appears fairly middle ground with the exposure to the EU,\" analysts write. Hasbro shares sank 12%, Mattel shares tumbled 17% and Spin Master shares fell 9%. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4566":"资本集团","BK4585":"ETF&股票定投概念","BK4588":"碎股","HAS":"孩之宝","BK4190":"消闲用品","MAT":"美国美泰公司"},"translate_title":"玩具制造商面临不同程度的新关税——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MAT":0.9,"HAS":0.9},"content_text":"1638 ET - Toy companies are highly exposed to President Trump's new sweeping tariffs, which are set to further raise levies on China while adding starkly higher ones elsewhere. Hasbro, which makes Nerf blasters and Play-Doh, appears to be the best positioned, thanks to sourcing some of its high-margin Wizards of the Coast products from the U.S., Jeffries analysts say in a research note. Rival Mattel, which makes Barbie dolls and Hot Wheels cars, has the most exposure to Southeast Asia, with principal manufacturing sites in Indonesia, Malaysia, Thailand and Vietnam. Canadian toy maker Spin Master \"appears fairly middle ground with the exposure to the EU,\" analysts write. Hasbro shares sank 12%, Mattel shares tumbled 17% and Spin Master shares fell 9%. (connor.hart@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 03, 2025 16:39 ET (20:39 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}