
Gin and Juice...and Tariffs?
What up cuz! It's tha Doggfather Snoop D O double G back in the house to drop some knowledge bombs West Coast style. Word on the streets is that Hasbro yeah the toy playas are gettin' their hustle on to dodge those crazy tariffs Trump's been throwin' at China. My man Chris Cocks the CEO was chillin' with Jim Cramer on CNBC spittin' truth about how they're movin' things around like a game of chess. Fo shizzle!
Movin' Like Weasels: Diversify or Die!
Cocks is sayin' they wanna get about 40% of their stuff outta China way before 2026 like pronto! They're spreadin' the love to countries like the U.S. Turkey even Vietnam and Indonesia. They're shufflin' SKUs faster than I change my blunt flavors. It's like when I'm switchin' up my flows gotta stay fresh ya know? "Our goal was to get to about 40% of global sourcing out of China by the end of 2026. I think we'll hit that much earlier."
China Still Got Tha Chronic?
Now don't get it twisted. Cocks made it clear that China's still gonna be important. They got the skills to make those fancy action figures and all that electronic gadgetry. It's like they got the chronic for toy production ya dig? But like a good blunt rotation you gotta share the wealth. "China is always going to be an important place for us to source product."
Prices Gonna Rise: Pass the Dutchie on the Left Hand Side
Here's the bad news fam. Cocks is straight up sayin' prices might go up. Those tariffs hit hard like a bass drop at a Snoop concert. But he's saying they're playin' it smart like playin' poker with a royal flush by movin' production around. He says their flexibility will make prices rise less than the competitors; that's what I'm talkin' about! "I expect prices to go up. But I claimed the increases might be lower than peers because of sourcing flexibility."
Keepin' it Real: $10 and $20 Magic
Cocks knows most folks ain't droppin' hundreds on toys. They want those sweet $10 and $20 deals. So Hasbro's tryin' to keep those core items affordable. It's like keepin' the gin and juice flowin' for everyone. Gotta keep it accessible ya know? "So we're trying to selectively keep core items particularly giftable items at those $10 and $20 magic price points."
Stay Tuned: The Saga Continues...
The trade game is still changin' like the West Coast weather. But Hasbro's stayin' nimble and keepin' it G. Gotta give it up to 'em for playin' the game right adapt or die word from the Doggfather. Keep your eyes peeled cause this ain't over till the last blunt's been smoked! Fo shizzle my nizzle!
speckledfrogart
Snoop's the only business analyst I trust.
mc4lyfe
Fo shizzle, Hasbro's playin' it smart!
zeldajamari
Hasbro better keep those prices down!
seanmoran
China's still got the chronic for toy production.
wizards2win
Doggfather droppin' knowledge bombs, as always.