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26 Jul 2021 Hasbro CEO and chairman Brian Goldner said Monday on CNBC’s “Squawk on the Street” that he expected robust demand for toys to continue even though the company was increasing prices. Co-host Morgan Brennan asked, “As we enter what’s usually traditionally peak shipping season for the container ships right now ahead of the Christmas holiday and whatnot later this year, what are you seeing in terms of supply chain dynamics and how is that affecting you from a cost perspective?” Goldner said, “We are adding carriers. We took a price increase that will go into effect fully for the fourth quarter. That is to cover our costs and to maintain our gross margin, and to ensure we achieve a 15% or better profit margin that we set as our target for the year. We are going to see those costs come in our business. On average, for example, ocean freight is on average four times more expensive than it was a years ago.”

Morgan brennanBrian goldnerமோர்கன் ப்ரென்னன்