• Reuters

    Toymaker Hasbro posts quarterly profit beat, slower sales decline

    The Play-Doh maker has grappled with weakening demand over the past year amid a pullback in discretionary spending and tight inventory planning by mass retailers like Walmart and Target. However, efforts to clean up its inventory throughout 2023, along with cost efficiencies, helped its operating margin expand to 15.3%, from 1.8% last year. Revenue for the Wizards of the Coast and Digital Gaming segment grew 7% in the quarter, driven by the popularity of its "Baldur's Gate III" and "Monopoly Go!" games.

  • Associated Press

    German retirees will get an inflation-busting pension increase this year

    Germany's Cabinet on Wednesday approved a 4.57% rise in retirees' pensions from this summer, well above the current rate of inflation. Rises in German pensions are linked largely to wage developments. The increase will take effect on July 1, the first time since 2000 that pensions in Europe's biggest economy have risen by more than the annual inflation rate, which in March stood at 2.2%, German news agency dpa reported.

  • Thomson Reuters StreetEvents

    Q1 2024 Manhattan Associates Inc Earnings Call

    Q1 2024 Manhattan Associates Inc Earnings Call