(CercleFinance.com) – Stifel analysts have revised their earnings estimates for the group downwards following the end-of-year celebrations.
After a number of in-store checks, both at Target and Walmart, and discussions with industry professionals, Stifel points out that inventory levels are now lower than a few months ago. , but considers that the situation is not capable of generating large restocking at the point of sale.
A finding that leads him to be cautious for the new year and to revise his earnings forecasts on the toy manufacturer downwards, while maintaining his buy recommendation on the title.
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