In an interview on CNBC’s Mad Money, Chris Cocks said about 15M people actively play Wizards of the Coast. He called the tariff situation “fluid” and noted that Hasbro (HAS) is in a relatively good position since half its revenue comes from the U.S. Hasbro has sourcing flexibility and makes a lot of products domestically, according to Cocks. It has been moving away from manufacturing in China, he noted, and its supply chain has been optimized over last 30-40 years. He expects prices to go up, but they will be relatively subdued, and the company will be selective on where it takes price.
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