Workflow
Hasbro(HAS)
icon
Search documents
Rhode Island may ditch Mr. Potato Head license plates after Hasbro's move to Boston
ABC News· 2026-01-22 14:46
Rhode Islanders have long been able to choose Mr. Potato Head for their specialty license platesFILE - In this Oct. 12, 2000 file photo, a Mr. Potato Head statue stands outside the Hasbro, Inc. headquarters in Pawtucket, R.I. (AP Photo/Stew Milne, File)PROVIDENCE, R.I. -- It's been no small potatoes that Rhode Islanders have been able to choose the image of Mr. Potato Head as a specialty license plate for decades. Yet with Hasbro's decision to move its headquarters from the smallest state in the U.S. to Bos ...
Hasbro Investigation Initiated: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Hasbro, Inc. - HAS
Prnewswire· 2026-01-20 20:36
Core Viewpoint - Kahn Swick & Foti, LLC has initiated an investigation into Hasbro, Inc. regarding potential breaches of fiduciary duties by its officers and directors, following a significant decline in the company's Consumer Product revenues and a related securities class action lawsuit [1][2][3]. Financial Performance - Hasbro reported an 18% year-over-year decline in Consumer Product revenues for Q3 2023, attributed to exited businesses, soft industry trends, and inventory management prioritization [2]. - The company revised its full-year guidance for Consumer Product revenue, now expecting a decline of 13% to 15%, a significant increase from the previously forecasted decline of 3% to 6% [2]. Legal Issues - Following the financial disclosures, Hasbro and certain executives are facing a securities class action lawsuit for allegedly failing to disclose material information, which is currently ongoing [2]. - Kahn Swick & Foti's investigation is focused on whether there were any violations of state or federal laws by Hasbro's leadership [3].
Hasbro Earnings Preview: What to Expect
Yahoo Finance· 2026-01-19 14:30
Company Overview - Hasbro, Inc. has a market cap of $12.1 billion and is a global toy and game company offering a diverse range of products including action figures, dolls, trading cards, and creative play items. The company also develops entertainment content and partners with digital game developers, featuring well-known brands such as NERF, TRANSFORMERS, DUNGEONS & DRAGONS, PLAY-DOH, and STAR WARS [1] Financial Performance - Analysts predict that Hasbro will report an adjusted EPS of $0.97 for fiscal Q4 2025, representing a significant increase of 110.9% from $0.46 in the same quarter last year. The company has consistently surpassed Wall Street's earnings estimates over the last four quarters [2] - For fiscal 2025, analysts forecast an adjusted EPS of $5.01, which is a 24.9% increase from $4.01 in fiscal 2024 [3] Stock Performance - Over the past 52 weeks, Hasbro's shares have increased by 49.3%, outperforming the S&P 500 Index's return of 16.9% and the State Street Consumer Discretionary Select Sector SPDR ETF's rise of 8.2% [4] Recent Developments - On October 23, Hasbro's shares rose by 3.7% following the announcement of strong Q3 2025 results, with revenue increasing by 8% year over year and operating profit rising by 13% to $341 million. This growth was driven by a 42% revenue surge in the Wizards of the Coast and Digital Gaming segment, with MAGIC: THE GATHERING revenue jumping 55% and an adjusted EPS of $1.68, showcasing a high operating margin of 44% in the Wizards segment [5] - Hasbro has raised its full-year outlook, projecting high-single-digit revenue growth, adjusted operating margins of 22% - 23%, and adjusted EBITDA of $1.24 billion - $1.26 billion [6] Analyst Sentiment - The consensus view among analysts on Hasbro stock is bullish, with a "Strong Buy" rating overall. Out of 13 analysts covering the stock, 10 recommend "Strong Buy," one suggests "Moderate Buy," and two indicate "Hold." The average analyst price target for Hasbro is $94.08, suggesting a potential upside of 9.1% from current levels [6]
Are You Looking for a Top Momentum Pick? Why Hasbro (HAS) is a Great Choice
ZACKS· 2026-01-08 18:00
Core Insights - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1] - The Zacks Momentum Style Score helps investors identify stocks with potential momentum, addressing the challenges in defining momentum [2] Company Overview: Hasbro (HAS) - Hasbro currently holds a Momentum Style Score of B and a Zacks Rank of 2 (Buy), indicating a favorable outlook for the stock [3][4] - Over the past week, Hasbro's shares increased by 0.5%, while the Zacks Toys - Games - Hobbies industry remained flat [6] - In the last month, Hasbro's stock price rose by 5.92%, matching the industry's performance [6] - Over the past quarter, Hasbro's shares increased by 17.39%, and over the last year, they gained 52.37%, significantly outperforming the S&P 500, which rose by 3.36% and 18.44% respectively [7] Trading Volume and Market Activity - Hasbro's average 20-day trading volume is 1,392,049 shares, which serves as a baseline for price-to-volume analysis [8] - A rising stock with above-average volume is generally considered a bullish sign, while a declining stock with above-average volume is typically bearish [8] Earnings Outlook - Recent earnings estimate revisions for Hasbro show one estimate increased for the full year, raising the consensus estimate from $5.00 to $5.01 [10] - For the next fiscal year, two estimates have moved upwards with no downward revisions, indicating positive sentiment [10] Conclusion - Considering the positive momentum indicators and earnings outlook, Hasbro is positioned as a 2 (Buy) stock with a Momentum Score of B, making it a potential candidate for near-term investment [12]
Hasbro, Inc. (HAS) Hits Fresh High: Is There Still Room to Run?
ZACKS· 2026-01-06 15:16
Core Viewpoint - Hasbro's stock has shown strong performance, reaching a 52-week high and outperforming both the broader consumer discretionary sector and the toys industry [1][2]. Group 1: Stock Performance - Hasbro's shares have increased by 5.5% over the past month and 4.4% since the beginning of the year, compared to a 2.5% increase in the Zacks Consumer Discretionary sector and a 28.2% return in the Zacks Toys - Games - Hobbies industry [1]. - The stock reached a new 52-week high of $86.51 in the previous session [1]. Group 2: Earnings Performance - Hasbro has a strong record of positive earnings surprises, having met or exceeded earnings consensus estimates in the last four quarters [2]. - In the latest earnings report on October 23, 2025, Hasbro reported an EPS of $1.68, surpassing the consensus estimate of $1.66, and beat the revenue estimate by 3.16% [2]. Group 3: Future Earnings Estimates - For the current fiscal year, Hasbro is projected to earn $5.44 per share on revenues of $4.54 billion, with a year-over-year change of 8.58% [3]. - For the next fiscal year, earnings are expected to rise to $5.89 per share on revenues of $4.81 billion, reflecting a year-over-year change of 5.96% [3]. Group 4: Valuation Metrics - Hasbro's stock trades at 15.7 times the current fiscal year EPS estimates, which is above the peer industry average of 11.9 times [7]. - On a trailing cash flow basis, the stock trades at 15.4 times compared to the peer group's average of 5.6 times, with a PEG ratio of 1.53 [7]. Group 5: Zacks Rank and Style Scores - Hasbro has a Zacks Rank of 2 (Buy), supported by a solid earnings estimate revision trend [8]. - The company has a Value Score of C, Growth Score of B, and Momentum Score of C, resulting in a combined VGM Score of B [6][8].
The CEO trying to revive some of what made GE so special
Fortune· 2026-01-06 11:08
Company Overview - Larry Culp has successfully transformed General Electric (GE) by splitting it into three public companies: GE HealthCare Technologies, GE Vernova, and GE Aerospace [1] - GE HealthCare went public on January 4, 2023, and its stock has increased by almost 50% since then [1] - GE Vernova has seen a remarkable 400% increase since its debut in April 2024, largely driven by AI-related electricity demand, while GE Aerospace has more than doubled in value [1] Leadership and Strategy - Peter J. Arduini, CEO of GE HealthCare, is focusing on reviving the company's legacy by enhancing leadership development and product production processes [3] - Arduini emphasizes the importance of reducing "noise" in decision-making, which can be more challenging in larger organizations [3] - The revival of performance reviews and leadership development initiatives is part of Arduini's strategy to restore the effective management practices that characterized GE in its earlier years [3] Historical Context - GE was once a highly revered company, with a market cap of around $600 billion at its peak in 2000, equivalent to over $1 trillion today [2] - The company faced significant challenges over the years, including the dot-com crash, 9/11, the Enron scandal, and the 2008 financial crisis, which led to its decline and eventual breakup [2]
Hasbro's Secret Weapon for Training Its Next Leaders: A Board Game
WSJ· 2026-01-01 12:00
Core Insights - The article discusses an in-house strategy game designed for up-and-coming managers to simulate the role of CEOs, testing their decision-making skills in a competitive environment [1] Group 1 - The strategy game aims to enhance the managerial skills of participants by placing them in realistic scenarios where they must make critical business decisions [1] - Participants are evaluated on their ability to navigate challenges and make strategic choices that impact the company's performance [1] - The initiative reflects the company's commitment to developing future leaders and fostering a culture of strategic thinking [1]
Hasbro: MTG Monetization Has Worked Well, For Now (NASDAQ:HAS)
Seeking Alpha· 2025-12-31 14:19
Core Insights - Hasbro, Inc. has successfully executed a turnaround strategy, particularly through its Magic: The Gathering franchise, which has generated significant financial momentum [1] - Cost-saving measures implemented by the company are helping to mitigate some financial challenges [1] Financial Performance - The financial momentum driven by the Magic: The Gathering strategy indicates strong performance in the games and toy sector [1] - The company's overall financial health appears to be improving as a result of strategic initiatives [1]
Is Hasbro Stock Outperforming the Dow?
Yahoo Finance· 2025-12-18 15:27
Core Viewpoint - Hasbro, Inc. is a leading global toy and game company with a market cap of $11.4 billion, offering a diverse range of products and expanding its brands through digital gaming and entertainment content [1][2]. Financial Performance - In Q3 2025, Hasbro reported an 8% year-over-year revenue increase and a 13% rise in operating profit to $341 million, driven by a 42% revenue surge in the Wizards of the Coast and Digital Gaming segment [5]. - The revenue from MAGIC: THE GATHERING increased by 55%, with an adjusted EPS of $1.68 and a high operating margin of 44% in the Wizards segment, indicating strong profitability [5]. - Hasbro raised its full-year outlook, projecting high-single-digit revenue growth, adjusted operating margins of 22% - 23%, and adjusted EBITDA of $1.24 billion - $1.26 billion [6]. Stock Performance - Shares of Hasbro have slipped 3.8% from their 52-week high of $85.14 but have gained 9.4% over the past three months, outperforming the Dow Jones Industrials Average's 4.4% rise [3]. - Year-to-date, HAS stock is up 46.5%, significantly exceeding the Dow Jones's 13.2% gain, and has surged nearly 41% over the past 52 weeks compared to the Dow's 13.8% return [4]. - Analysts maintain a consensus "Strong Buy" rating for HAS stock, with a mean price target of $92.50, representing a 13% premium to current levels [7].
Gina Goetter's journey from Harley-Davidson to Hasbro
Bloomberg Television· 2025-12-18 14:00
Imagine at Harley-Davidson it must have been uh unique to have a woman as CFO, right. >> I've had the good fortune in all of the stops I've had along the way where my bosses have prioritized that diversity of of of thought. >> Noticed also that a lot of [music] people who work here seem to also play the games.You know, they live in this culture. And I must that must have been the same at Harley, right. >> At Harley, you're right.I wasn't a rider, but I'm from [music] Milwaukee. Uh, I learned how to ride. An ...