Core Viewpoint - Hasbro experienced a revenue increase in Q1, driven by strong performance in its gaming segment, but faces challenges due to evolving tariff situations Financial Performance - Net revenues for Q1 reached $887 million, marking a 17% increase, with a 46% surge from Wizards of the Coast and licensed digital gaming [1] - Adjusted operating profit rose to $222 million, an increase of $74 million from the previous quarter, and the company generated $138 million in operating cash flow [2] Tariff Impact - The company stated that tariffs had no material impact on Q1 results, but anticipates a gross impact of $100 million to $300 million from tariffs in 2025 [2] - The estimated net profit impact in 2025 is projected to be between $60 million and $180 million, depending on trade policy and consumer behavior [3] Sourcing and Manufacturing Strategy - Approximately half of Hasbro's toy and game volume originates in China, necessitating sourcing diversification [3] - China will remain a key manufacturing hub due to specialized capabilities, while the company is working with customers to manage inventory and pricing strategies [4] Cost-Saving Measures - Hasbro is accelerating a $1 billion cost-savings plan to mitigate tariff pressures [4] - The company is focusing on maintaining key price points and strengthening retail partnerships to capture market share [4] Strategic Flexibility - The games business and strategic flexibility provide Hasbro with options to navigate potential tariff and consumer outcomes [5]

Hasbro, Inc. (NASDAQ:HAS) Q1 2025 Earnings Conference Call April 24, 2025 8:30 AM ET Company Participants Fred Wightman - Vice President of Investor Relations Chris Cocks - Chief Executive Officer Gina Goetter - Chief Financial Officer and Chief Operating Officer Conference Call Participants Christian Carlino - JPMorgan Chase & Company Megan Clapp - Morgan Stanley James Hardiman - Citi Arpine Kocharyan - UBS Eric Handler - Roth Capital Alexander Perry - Bank of America Stephen Laszcyzk - Goldman Sachs Jaime ...

Q1 2025 Earnings APRIL 24, 2025 USE OF NON-GAAP FINANCIAL MEASURES Supplemental Financial Data the financial tables accompanying this presentation include non-GAAP financial measures as defined under SEC rules, specifically Adjusted operating profit. Adiusted operating margin. Adjusted net earnings and Adjusted net earnings per diluted share. which exclude, where applicable, acquired intangible amortization, strateqic transformation initiatives, restructuring and severance costs, loss on disposal of busines ...

For Immediate Release Hasbro Reports First Quarter 2025 Financial Results Company Reports Revenue, Operating Profit and Net Earnings Growth Declares Quarterly Dividend Pawtucket, R.I., April 24, 2025 -- Hasbro, Inc. (NASDAQ: HAS), a leading games, IP, and toy company, today reported financial results for the first quarter 2025. "Hasbro's Playing to Win strategy is delivering in a challenging environment. We're outperforming today and building for tomorrow through disciplined execution, standout partnerships ...

If tariffs on China fall "substantially," one of these three consumer goods stocks is a lot cheaper than the others. And one is still really, really expensive.Was it only Monday that the U.S. stock market was falling apart, the Dow Jones Industrial Average down 1,000 or more points, and economic nightmare just around the bend? Indeed it was, and yet, two straight days of strongly rebounding markets seem to have erased that nightmare from investors' minds, at the same time as it erased losses from their port ...

Core Viewpoint - Hasbro, Inc. is set to report its first-quarter fiscal 2025 results on April 24, with expectations of earnings growth and revenue increase compared to the previous year [1][2]. Financial Estimates - The Zacks Consensus Estimate for earnings is 67 cents per share, reflecting a growth of 9.8% from 61 cents reported a year ago [2]. - Revenue estimates stand at $769.7 million, indicating a rise of 1.6% from the prior-year quarter [2]. Performance Factors - Strong performance in the MAGIC ecosystem, growth in licensing, and lower promotional discounts are expected to positively impact Hasbro's results [3]. - The focus on entertainment pipeline, strategic partnerships, and new product innovations is anticipated to contribute to favorable outcomes [3]. Revenue Projections - Franchise brand revenues are projected to increase by 1% year over year to $612.8 million, while Partner brands are expected to grow by 5.1% to $92.1 million [4]. - Portfolio brand revenues are predicted to decline by 4.4% year over year to $60.3 million [4]. Gaming Demand - Hasbro is experiencing strong demand in gaming, with a diverse gaming portfolio and initiatives aimed at enhancing gaming experiences across various platforms [5]. - The company's shift towards technology-driven toys and product launches is likely to support long-term profit growth [5]. External Challenges - The uncertain global tariff environment may continue to impact Hasbro's operations, raising production costs and potentially affecting sales and profitability [6]. - Tariffs on Chinese imports and possible retaliatory measures have previously strained operations and are expected to affect performance in the upcoming quarter [6]. Earnings Prediction Model - The current model does not predict an earnings beat for Hasbro, with an Earnings ESP of -4.19% and a Zacks Rank of 3 [7].

In its upcoming report, Hasbro (HAS) is predicted by Wall Street analysts to post quarterly earnings of $0.69 per share, reflecting an increase of 13.1% compared to the same period last year. Revenues are forecasted to be $769.7 million, representing a year-over-year increase of 1.6%.Over the last 30 days, there has been a downward revision of 1.5% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial fo ...

Hasbro, Inc. (NASDAQ: HAS ) isn’t the type of stock I usually cover, and it may not be the most popular ticker among retail investors today. However, there is certainly a lot to say about this company right now, bothI’m passionate about finance and investing, focusing on business analysis, fundamental analysis, valuation, and long-term growth, especially in sectors like AI, fintech, finance and tech. I study finance and economy and have hands-on experience in equity research, financial modeling, and creatin ...

Company Performance - Hasbro's stock closed at $52.49, reflecting a -1.61% change from the previous session, underperforming the S&P 500's loss of 0.17% [1] - Over the past month, Hasbro's shares have depreciated by 11.41%, compared to a 6.68% loss in the Consumer Discretionary sector and a 3.94% loss in the S&P 500 [1] Upcoming Earnings Report - Hasbro is scheduled to release its earnings on April 24, 2025, with projected earnings of $0.73 per share, indicating a year-over-year growth of 19.67% [2] - The consensus estimate for revenue is $769.7 million, representing a 1.64% increase compared to the same quarter of the previous year [2] Annual Forecast - Zacks Consensus Estimates forecast earnings of $4.16 per share and revenue of $4.15 billion for the year, reflecting changes of +3.74% and +0.38% respectively compared to the previous year [3] - Recent revisions to analyst forecasts are crucial as they reflect near-term business trends, with positive alterations indicating analyst optimism [3] Valuation Metrics - Hasbro's Forward P/E ratio is currently 12.84, which is a premium compared to the industry average Forward P/E of 8.95 [6] - The company has a PEG ratio of 1.91, while the average PEG ratio for Toys - Games - Hobbies stocks is 1.78 [7] Industry Context - The Toys - Games - Hobbies industry is part of the Consumer Discretionary sector and currently holds a Zacks Industry Rank of 204, placing it in the bottom 18% of all industries [8] - The Zacks Industry Rank evaluates the performance of industry groups, indicating that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]

Shares of Hasbro (HAS -12.36%), Mattel (MAT -16.36%), and Funko (FNKO -17.94%) were getting crushed today as investors reacted to President Donald Trump's announcement of reciprocal tariffs last night.Consumer discretionary stocks are getting hit especially hard since many of these products are imported from abroad, and consumers don't need to buy them. Toys are an especially discretionary category so it wasn't surprising to see shares of Hasbro, Mattel, and Funko all falling sharply today.The S&P 500 finis ...