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Current DateTime: 10:38:21 22 Nov 2009
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Earnings Edge: Hasbro
Published: Monday, 19 Oct 2009 | 5:30 PM ET
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By: Lee Brodie
Web Editor

Entry Point

A new survey suggests it might be pretty tough to get shoppers to open their wallets this holiday.

The latest results from Experian and PriceGrabber.com show the major shopping theme this holiday season is likely to be thrift.

52 percent of consumers "are planning to spend less than they did last year."

However, another trend is emerging that could hit the bottom line. "This year, consumers are planning to start their holiday shopping long before Black Friday, with 22 percent of consumers starting their holiday shopping in October and 29 percent starting in November," Experian said.

Although that might sound bullish, if consumers are trying to save by spreading out their purchases, that could be another sign that businesses won't be getting a boost from holiday spending.

What does that mean for toy maker such as Hasbro [HAS  Loading...      ()   ]? Watch the video now and hear from CEO Brian Goldner!



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Trader disclosure: On October 19, 2009, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Adami Owns (AGU), (C), (BTU), (GS), (INTC), (MSFT), (NUE); Finerman Owns (AAPL); Finerman's Firm And Finerman Own (RIG), (PDE); Finerman's Firm Owns (MSFT), (NOK), (TJX); Finerman's Firm Owns (BAC) Preferred, (BAC) Call Spread, (BAC); Finerman Owns (BAC) Preferred, (BAC); Finerman's Firm Owns (BBT) Puts; Finerman's Firm And Finerman Own (WFC) Preferred; Finerman's Firm And Finerman Own (WMT); Finerman's Firm Owns (BKS) Puts; Finerman's Firm Is Short (USO), (IJR), (MDY), (SPY), (IWM), (UNG); Najarian Owns (GE) Calls; Najarian Owns (HGSI) Call Spread; Najarian Owns (POT) Call Spread; Najarian Owns (RIMM) Call Spread; Najarian Owns (STX) Call Spread; Najarian Owns (WFT) Call Spread; Najarian Owns (XLF) Call Spread; Najarian Owns (YHOO), Is Short (YHOO) Calls; Najarian Owns (TEX) Call Spread; Terranova Owns (HES), (HOC), (SUN)

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For Joe Terranova
Terranova Works For (VRTS)
Terranova Is Chief Market Strategist Of Virtus Investment Partners, Ltd.
Virtus Investment Partners Owns More Than 1% Of (XLY)
Virtus Investment Partners Owns More Than 1% Of (CAL)
Virtus Investment Partners Owns More Than 1% Of (CLB)
Virtus Investment Partners Owns More Than 1% Of  (DLR)
Virtus Investment Partners Owns More Than 1% Of  (EXR)
Virtus Investment Partners Owns More Than 1% Of (XLI)
Virtus Investment Partners Owns More Than 1% Of  (IGE)
Virtus Investment Partners Owns More Than 1% Of (XLB)
Virtus Investment Partners Owns More Than 1% Of (DBA)
Virtus Investment Partners Owns More Than 1% Of  (DBV)
Virtus Investment Partners Owns More Than 1% Of  (UA)

For Jeffrey Bernstein
Accounts Over Which Bernstein And/Or Affiliates Exercise Investment Discretion Own More Than 1% Of (AMZN), (GOOG)
Bernstein Is A Market Maker In (AMZN), (EBAY), (GOOG), (YHOO)

For Whitney Tilson
Funds Managed By Tilson Own Berkshire Hathaway
Funds Managd By Tilson Own (MSFT)
Funds Managed By Tilson Own (PFE)

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Current DateTime: 02:28:44 22 Nov 2009
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