(Source: 2017 Annual Report)
It became official on March 14. Toys "R" US officially initiated the bankruptcy process. For stocks within the toy industry, this was considered a major blow. Mattel (MAT), Hasbro (HAS), JAKKS Pacific (JAKK), among others, had seen their stock price decline for several days prior to the announcement. The question really worth asking is whether this is as serious a matter for these toy companies as the market is making it out to be? I have already made my choice in selecting which toy company I hold in my Accelerating Dividends Portfolio, and that is HAS as I feel that it is the most diversified and better-managed company within its industry. That said, how will the Toys "R" Us bankruptcy affect the company?
