Toy manufacturers Hasbro and Mattel encountered challenges in the third quarter due to retail order delays but are seeing signs of recovery ahead of the holiday season. Mattel reported a 6% decline in Q3 sales to $1.7 billion but noted a surge in orders since early October. Hasbro has also experienced increasing sales momentum in recent weeks. Both companies are adapting to tariffs and trade uncertainties by reducing reliance on China for production. They are implementing strategies to optimize pricing and supply chains as they prepare for a potentially strong holiday season.

Source: https://www.supplychaindive.com/news/hasbro-mattel-retail-orders-bounce-back-holidays-q3-earnings/804280/