McDonald's Corp
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Consumer Discretionary : Hotels, Restaurants & Leisure | Large Cap Blend
Company profile

McDonald's Corporation (McDonald's) operates and franchises McDonald's restaurants. The Company's restaurants serve a locally relevant menu of food and beverages. Its restaurants are owned and operated by independent local business owners. The Company's segments include United States (U.S.), International Operated Markets (IOM) and International Developmental Licensed Markets & Corporate (IDL). The U.S. segment focuses on Company's menu and offerings, as well as delivery and digital platforms. Its IOM segment includes its operations in markets, such as Australia, Canada, France, Germany, Italy, the Netherlands, Spain, and the United Kingdom. Its IDL segment includes its operations in markets, such as Latin America and Asia. Its digital offerings include drive thru, takeaway, delivery, curbside pick-up, and dine-in. Its menu includes hamburgers and cheeseburgers, Big Mac, Quarter Pounder with Cheese, Filet-O-Fish, wraps, shakes, soft drinks, coffee, McCafe beverages and other beverages.

Closing Price
$272.46
Day's Change
-2.26 (-0.82%)
Bid
--
Ask
--
B/A Size
--
Day's High
275.31
Day's Low
271.97
Volume
(Below Average)
Volume:
2,203,174

10-day average volume:
2,629,772
2,203,174

Hasbro and Basic Fun! Ink Global Master Toy License to Relaunch Littlest Pet Shop!

8:00 am ET November 15, 2022 (PR Newswire) Print

Basic Fun!, a leading global marketer of toys and consumer products, announced a Master Toy license agreement withHasbro, Inc. (NASDAQ: HAS), a global branded entertainment leader, for the iconicLittlest Pet Shop brand. Basic Fun! is expected to manufacture and distributeLittlest Pet Shop collectiblefigures, playsets, and accessories to retailers worldwide as early as2024.

https://mma.prnewswire.com/media/1946414/BasicFun_Logo.jpg

LITTLEST PET SHOP collectible figurines were originally launched in 1992 and quickly stole the hearts of collectors around the world. With over 3,000 variations and millions of pets sold worldwide, LITTLEST PET SHOP quickly became a lifestyle brand expanding into other consumer products as well as electronic games and an animated television series. When relaunched in 2005, LITTLEST PET SHOP was one of the fastest growing collectible brands in the toy industry with hundreds of millions of pets sold to-date plus playsets and accessories that made the LITTLEST PET SHOP play experience complete. As a testament to its legacy status, the quirky, edgy, and cute characters that are signatures of LITTLEST PET SHOP remain popular with collectors today.

"We are excited to expand our partnership with Hasbro to bring back one of the world's most iconic and best-selling global collectible toy brands," shared Jay Foreman, CEO for Basic Fun! "We are specialists in 'newstalgia' and re-igniting the power of legacy brands with a robust portfolio of classic brands that have become generational favorites such as TONKA, Lite-Brite, Lincoln Logs, Care Bears and K'NEX. We are excited for the opportunity to honor the rich history of LITTLEST PET SHOP as a heritage brand and introduce the classic to a whole new generation of today's kids and kidult collectors via immersive physical and digital play experiences."

"LITTLEST PET SHOP was a runaway success when it first launched in 1992 and again in 2005. With Basic Fun! at the helm, we are looking forward to bringing back this beloved franchise to delight our newest fans," said Jess Richardson, VP, Global Toys & Games, Licensed Consumer Products at Hasbro. "This move is a great example of our Blueprint 2.0 strategy in action, moving from owned and operated to a licensed-out model to unlock new categories for consumers and unleash the potential of our classic brands like LITTLEST PET SHOP.

ABOUT BASIC FUN! INC.

Basic Fun! is a dynamic global marketer of classic and innovative children's entertainment products for today's kids. The company plays in many core toy categories including classic heritage toys, novelty collectibles, building toys, youth electronics, plush, vehicles, dolls and activity/discovery. Basic Fun!'s key brands include: Care Bears, Cutetitos, Pound Puppies, TONKA, K'NEX,Lite-Brite, Mash'ems, Playhut, Arcade Classics and more! For more information, please visit www.BasicFun.com.

ABOUT HASBRO

Hasbro is a global branded entertainment leader whose mission is to entertain and connect generations of fans through the wonder of storytelling and exhilaration of play. Hasbro delivers engaging brand experiences for global audiences through gaming, consumer products and entertainment, with a portfolio of iconic brands including MAGIC: THE GATHERING, DUNGEONS & DRAGONS, Hasbro iGaming, NERF, TRANSFORMERS, PLAY-DOH and PEPPA PIG, as well as premier partner brands.

Hasbro is guided by our Purpose to create joy and community for all people around the world, one game, one toy, one story at a time. For more than a decade, Hasbro has been consistently recognized for its corporate citizenship, including being named one of the 100 Best Corporate Citizens by 3BL Media, one of the World's Most Ethical Companies by Ethisphere Institute and one of the 50 Most Community-Minded Companies in the U.S. by the Civic 50. For more information, visit www.corporate.hasbro.com.

https://mma.prnewswire.com/media/1946413/LittlestPetShot_Logo.jpg

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View original content to download multimedia:https://www.prnewswire.com/news-releases/hasbro-and-basic-fun-ink-global-master-toy-license-to-relaunch-littlest-pet-shop-301677691.html

SOURCE Basic Fun!

https://rt.newswire.ca/rt.gif?NewsItemId=FL35736&Transmission_Id=202211150800PR_NEWS_USPR_____FL35736&DateId=20221115

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COMTEX_418925348/1005/2022-11-15T08:00:48

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