Hasbro Reports Third Quarter 2025 Financial Results

Core Insights - Hasbro reported its financial results for the third quarter of 2025, highlighting significant changes in revenue and profitability [1] Financial Performance - The company achieved a revenue of $1.68 billion for Q3 2025, representing a 5% increase compared to the same period last year [1] - Net income for the quarter was reported at $200 million, which is a 10% increase year-over-year [1] - Earnings per share (EPS) rose to $1.50, up from $1.36 in Q3 2024, indicating a strong performance in profitability metrics [1] Segment Performance - The toy segment saw a revenue increase of 7%, driven by strong sales in the action figures and games categories [1] - The entertainment segment, however, experienced a decline of 3% in revenue, attributed to lower licensing income [1] - International markets contributed significantly, with a 12% increase in revenue, showcasing the company's global reach [1] Strategic Initiatives - Hasbro announced plans to expand its digital gaming portfolio, aiming to capture a larger share of the growing gaming market [1] - The company is also focusing on sustainability initiatives, with a commitment to reduce plastic in packaging by 50% by 2025 [1]