Toymaker Hasbro Inc. missed analysts’ expectations for quarterly revenue and profit on Oct. 22, as the demise of major retail partner Toys ‘R’ Us hurt sales in Europe and the United States, sending its shares down as much as 8 percent.
The company and rival Mattel Inc. have scrambled to find new avenues to sell their products following the sudden collapse of Toys ‘R’ Us, once the world’s largest standalone toy retailer, a year ago.
