That was Steven Spielberg’s fault.
Michael Bay was recommended by film producer Steven Spielberg PERSONALLY. Spielberg even went out of his way to convince Bay to take on Transformers.
Hasbr-uh-oh
- Thread starter Thylacine 2000
- Start date
Michael Bay was recommended by film producer Steven Spielberg PERSONALLY. Spielberg even went out of his way to convince Bay to take on Transformers.
So what you're saying is, you think Cocks should be cut.
Its frustrating when, for example today, I saw Bombshell on the peg for $25 USD. It feels like just a few years ago this same figure was $10-12. They are out pricing the collectors. Just my opinion.
My own experience is exactly that. I'm priced out. I've had to reduce my 'want' list massively, between the higher prices and diminished returns for them, my only 'big want' next year so far is Origins Wheeljack. And that's mostly because my old RTS one is rickety and Origins has new features I like, interacting with stuff I already have. Like Deathsaurus, it adds to my existing setup, it doesn't start a new one.
And that's a big problem. A company needs people to buy into 'new'. If you can't generate excitement with a new product, it's a bad sign for your business and more and more I see on many boards "That's nice, but...". That's just not healthy for a company.
And that's a big problem. A company needs people to buy into 'new'. If you can't generate excitement with a new product, it's a bad sign for your business and more and more I see on many boards "That's nice, but...". That's just not healthy for a company.
Should be kicked, yeah.
Apparently the cuts didn't help enough in the short term....
markets.businessinsider.com
tl;dr Stock prices are already back down, analysts moved them from Buy to Neutral, and they may not have enough free cash flow to cover the dividend payments(per those same analysts, which is probably related to the downgrade), so they'll have to cut dividends(which may be the smart move but may hurt the stock a bit) or go further into debt to cover it. All short-term stuff, so they could still potentially claw their way back into a good position.
Hasbro's Stock Outlook Dims: Analyst Downgrades To Neutral Amid Persisting Industry Headwinds
DA Davidson analyst Linda Bolton Weiser downgraded the shares of Hasbro Inc (NASDAQ: HAS) from Buy to Neutral and
markets.businessinsider.com
tl;dr Stock prices are already back down, analysts moved them from Buy to Neutral, and they may not have enough free cash flow to cover the dividend payments(per those same analysts, which is probably related to the downgrade), so they'll have to cut dividends(which may be the smart move but may hurt the stock a bit) or go further into debt to cover it. All short-term stuff, so they could still potentially claw their way back into a good position.
Q4 report is out. 20% drop, and they expect a bad 2024 already.
www.cnbc.com
WotC revenue is supposed to dip, though it probably doesn't help that they pushed the 6th ed D&D books to the end of the year, with the Monster Manual happening next year. Toys and Games volume apparently dropped 19% overall though... don't know the breakdown of how much of that is Transformers.
Hasbro reports 20% revenue drop, issues downbeat 2024 outlook
Hasbro now expects to cut $750 million in costs by the end of 2025, up from a previous target of $350 million to $400 million.
www.cnbc.com
WotC revenue is supposed to dip, though it probably doesn't help that they pushed the 6th ed D&D books to the end of the year, with the Monster Manual happening next year. Toys and Games volume apparently dropped 19% overall though... don't know the breakdown of how much of that is Transformers.
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This is all because of that one Transformers toy I didn't like-
Well then.
Well then.
If my Ollies is, in any way, indicative of broader issues...I'd heartily agree. Last time I was there, they STILL had a full end cap of Marvel Legends figures, mostly from Age of Apocalypse and the live action stuff. Even Marvels, which hadn't even been released when I first saw the wave at Ollies. Star Wars Mission Fleet was getting a heavy dump with the end of the line, featuring items I don't think even got full retail roll out.
Hasbro's "Franchise Brands" fell 3% for the year. "Partner Brands" fell 35%.
It's Marvel and Star Wars.
It's Marvel and Star Wars.
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So it's just Disney.
One section says it was 3%:35%, another says it was 10%:44%. Why are there two sets of different (terrible) figures?
One is comparing the whole year. One is just comparing each year's Q4.
I hate to say it, but this is the most useful my degree has ever been.
I hate to say it, but this is the most useful my degree has ever been.
You said it. My sociology major taught me how to interpret data and that's pretty much all that I use it for. I mean, I like sociology, I just don't use most of what I learned in my 9-to-5 gig.
The movie line shipped - that's a one off (or at least occassional factor yoy. If that accounts for 40% of sales then the line being up 25% isn't actually all that good and there would be a signifcant drop next year. We'll just have to see.
We got a movie line this year as well, with a greater Q4 focus at that. That's on top of Hasbro's 40th initiatives that'll probably goose sales a bit. We'll probably not see a significant softening of Transformers brand revenues until the end of 2025.