Toy and gaming giant Hasbro took an optimistic tone Thursday on the potential effect of Chinese tariffs on its business, as executives said the company is shifting manufacturing away from China.

Hasbro, Inc. is undergoing a transformation, focusing on core toys, games, and licensing, but faces short-term risks from tariffs and capped growth expectations. The company shows operational ...

If President Donald Trump’s 145% levy against imports from China holds, Hasbro estimates it could see as much as a $300 million hit to its bottom line. The toy maker posted better-than-expected ...