Summary: Hasbro Inc. Sep 11
- ID: 1925254
- September 2011
- Standard & Poors
The 'BBB+' corporate credit rating on Pawtucket, R.I.-based Hasbro Inc. reflects the company's strong position in the traditional toy industry, broad product positioning, good geographic diversity, and relatively conservative capital structure. Hasbro continues to expand its sales through international channels as well as media-backed toys, which generally enjoy a pricing premium relative to traditional toys and games, offset by associated royalty expenses and less predictable consumer demand. Volatility in commodity prices for raw material inputs and the risk of being unable to fully pass these through to retailers, as well as inherent risks of the toy industry, including the potential for supply-chain disruptions and product recalls partially offset Standard & Poor's Ratings Services' view of the company's business and financial...
Companies mentioned in this report are: Hasbro Inc.
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