Hasbro CEO details tariff impact: 'We're making rapid changes'

1. Hasbro plans to reduce China sourcing to 40% by 2026, aiming for early achievement. 2. CEO Cocks highlights production shifts to U.S., Turkey, India, and others. 3. Hasbro forecasts a $300 million hit from tariffs, yet remains optimistic. 4. Price increases expected but may be moderated due to sourcing flexibility. 5. 50% of U.S. revenue is domestically sourced or from digital games.