Core Insights - New Holland Brewing Co. is collaborating with Hasbro's Wizards of the Coast to launch a new limited-edition flavor, DUNGEONS & DRAGONS Coconut Rum Barrel Reserve, inspired by the Dragon Turtle [1][2] - The collaboration aims to celebrate storytelling through flavor, with plans for additional special releases later in the fall [2] - Dragon's Milk is recognized as one of the best-selling American-made stouts, known for its bourbon barrel aging and has received multiple awards [3] Company Overview - New Holland Brewing Company is a nationally renowned craft brewery and distiller based in Holland, Michigan, with a diverse beverage portfolio including Dragon's Milk Bourbon Barrel-Aged Stout [4] - The brewery operates an online store, three brewpubs, and three spirits tasting rooms in West Michigan [4] Hasbro Overview - Hasbro is a leading games, IP, and toy company with over 164 years of experience, reaching over 500 million consumers globally through various entertainment mediums [5][6] - The company focuses on unlocking value from both new and legacy intellectual properties, including DUNGEONS & DRAGONS and MAGIC: THE GATHERING [6] Wizards of the Coast Overview - Wizards of the Coast, a division of Hasbro, develops and publishes games that inspire creativity and build communities, with a focus on tabletop and digital platforms [8][9] - The division is known for its popular franchises, including DUNGEONS & DRAGONS and MAGIC: THE GATHERING, and has a diverse network of development studios [10]

Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against Hasbro, Inc. due to allegations of mismanagement of inventory and fiduciary duty breaches by the board of directors during a specified class period [2][3]. Group 1: Class Action Lawsuit Details - A class action complaint was filed against Hasbro on November 13, 2024, covering a class period from February 7, 2022, to October 25, 2023 [2]. - The lawsuit alleges that Hasbro misrepresented the quality and appropriateness of its inventory levels compared to customer demand, leading to a significant buildup of unsold inventory [3]. Group 2: Financial Performance and Impact - On January 26, 2023, Hasbro previewed its fourth quarter results for fiscal year 2022, admitting to a 17% year-over-year revenue contraction and announcing a layoff of 15% of its global workforce, which caused the stock price to drop by over 8% [4]. - On October 26, 2023, Hasbro reported an 18% decline in Consumer Product revenues year-over-year and significantly reduced guidance for the remainder of the year, leading to an additional 11.7% drop in stock price [5].

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 __________________ FORM 10-Q __________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 29, 2025 (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) or TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 1-6682 ______ ...

My previous investment thought on Hasbro Inc. (NASDAQ: HAS ) was a buy rating because growth tracked well against my expectation, and the setup for the rest of the year was de-risked with the FY25 guidance. It has been a I focus on long-term investments while incorporating short-term shorts to uncover alpha opportunities. My investment approach revolves around bottom-up analysis, delving into the fundamental strengths and weaknesses of individual companies. My investment duration is the medium to long-term. ...

Core Viewpoint - Hasbro (HAS) has received an upgrade to a Zacks Rank 1 (Strong Buy), indicating a positive outlook for its earnings estimates, which significantly influence stock prices [1][3]. Earnings Estimates and Stock Price Impact - The Zacks rating system emphasizes the importance of changing earnings estimates as a key driver of stock price movements, with a strong correlation observed between earnings estimate revisions and near-term stock performance [4][6]. - For the fiscal year ending December 2025, Hasbro is projected to earn $4.70 per share, which remains unchanged from the previous year, but the Zacks Consensus Estimate has increased by 7.2% over the past three months [8]. Zacks Rating System - The Zacks Rank stock-rating system categorizes stocks into five groups based on earnings estimates, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [7]. - The upgrade of Hasbro to Zacks Rank 1 places it in the top 5% of Zacks-covered stocks, suggesting a strong potential for market-beating returns in the near term [10].

Core Insights - Sales of traditional toys by Hasbro and Mattel declined in Q2 due to delayed orders from retailers concerned about potential price increases from tariffs [2][4] - Both companies believe they are positioned to handle tariff impacts but are uncertain about consumer spending on toys amid rising household expenses [3][4] - Hasbro and Mattel reported earnings surprises, with Hasbro's net sales down 1% and Mattel's down 6%, both less than expected [4][5] Hasbro Insights - Hasbro's gaming segment, including Wizards of the Coast, saw a 16% revenue growth, while traditional toys decreased by 16% [6] - The recent release of Magic: The Gathering based on Final Fantasy achieved $200 million in revenue in one day, indicating strong demand [8] - Hasbro's CEO warned that popular toys might be hard to find during the holidays due to delayed orders, specifically mentioning Play-Doh Barbie and other new lines [9][10] Mattel Insights - Mattel is focusing on growth through its entertainment division, planning to release one to two films annually starting in 2026 [12] - The company is collaborating with OpenAI to enhance interaction with toy characters using AI technology [14] - Despite a larger-than-expected sales decline, Mattel reported growth in its American Girl brand and anticipates strong sales from upcoming product lines [15][16] Industry Trends - Both Hasbro and Mattel are diversifying away from traditional toys, with Hasbro's acquisition of Wizards of the Coast proving beneficial [5] - The toy industry is facing challenges from tariffs, but larger companies like Hasbro and Mattel have the financial resources to mitigate impacts and potentially gain market share [17]

Core Viewpoint - Morgan Stanley raised the target price for Hasbro (HAS) from $83 to $85 [1] Group 1 - The adjustment in target price indicates a positive outlook for Hasbro's stock performance [1]

Retailers have pushed back holiday orders because of tariffs, and that may complicate replenishment, Hasbro says. https://t.co/CWILrjxQy7 ...

Core Insights - Hasbro attributes its ability to mitigate the impact of tariffs this quarter to its successful strategies, particularly in its Wizards of the Coast division, which includes Magic the Gathering, showing a 23% revenue increase [2][3] Financial Performance - Overall revenues for Hasbro decreased by 1%, with growth in the Wizards and digital gaming divisions nearly offsetting a decline in consumer products due to tariffs [2] - The company anticipates a gross impact from tariffs ranging between $100 million to $300 million in 2025 [4] Strategic Responses - CEO Chris Cocks mentioned that the company is addressing tariff-related costs through cost reductions, rebalancing marketing expenditures, diversifying suppliers, and implementing targeted pricing actions [3] - CFO Gina Goetter noted that trade uncertainties are causing retailers to delay holiday inventory builds, which negatively impacted Q2 consumer products revenue [4] Consumer Sentiment and Market Trends - The company is cautiously optimistic about its toy and general merchandise business, as consumer sentiment appears to be improving [5] - Research indicates that nearly half of U.S. consumers have faced product shortages, with 58% of those living paycheck to paycheck affected [6] - Approximately one-third of consumers have been informed that tariffs are causing higher prices, with a quarter of consumers noting increased costs without specific mention of tariffs [7]

Core Insights - Hasbro Inc reported a notable second-quarter earnings and revenue beat, raising its revenue outlook and indicating a lower-than-expected long-term impact from tariffs [1] - Despite a 2.7% decline to $75.49, Hasbro's stock has shown significant improvement since its annual low of $49.00 on April 9, reflecting a 33% year-to-date gain [2] - The stock's pullback has found support at the $75 level, following a multi-year peak of $78.83 on July 1 [2] Options Trading Activity - Options traders have shown a bullish sentiment, with a 10-day call/put volume ratio of 6.47, ranking higher than 84% of readings from the past year [3] - Short-term traders also exhibit a call-bias, as indicated by a Schaeffer's put/call open interest ratio (SOIR) of 0.40, which is in the 5th percentile of readings from the past 12 months [3] Volatility Performance - Hasbro's stock has historically outperformed volatility expectations, as evidenced by a Schaeffer's Volatility Scorecard (SVS) of 95 out of 100 [4]