Market Overview - Pre-market indexes are slightly pulling back after a record close from the Dow, with the Dow down 30 points (-0.06%) and the S&P 500 down 1 point, while the Nasdaq is up 8 points (+0.035%) [1] Economic Reports - Retail Sales for December showed no growth at 0.0%, a significant drop from November's +0.6%, indicating a cooling in consumer spending [2] - Import Prices for December increased by +0.1%, slightly above expectations, with food prices rising +0.5% while fuel prices dropped -1.5% [3] - Exports for December rose +0.3%, marking the highest increase since July, with a year-over-year growth of +3.1% [4] Q4 Earnings Reports - Coca-Cola (KO) reported Q4 earnings of $0.58 per share, beating estimates by a penny, but revenues of $11.82 billion fell short of expectations by -1.95% [5] - Spotify (SPOT) exceeded earnings expectations with $5.16 per share, a +63.3% surprise, and revenues of $5.27 billion, surpassing estimates by +2.57% [6] - Hasbro (HAS) reported earnings of $1.51 per share, significantly beating expectations of $0.99, with revenues of $1.45 billion driven by a +4671% growth in Hasbro Entertainment [7] - Harley Davidson (HOG) faced disappointing results with a loss of -$2.44 per share, missing estimates by -165%, and revenues of $390.55 million falling short by -25.9% [8]

Economic Reports - Retail Sales for December registered 0.0%, a significant drop from +0.6% in November, indicating a cooling in consumer spending [3] - Import Prices increased by +0.1%, slightly above expectations, while food, feed, and beverage prices rose by +0.5%, and fuel prices decreased by -1.5% [4] - Exports rose by +0.3%, marking the highest increase since July, with a year-over-year growth of +3.1% [5] Q4 Earnings Reports - Coca-Cola (KO) reported Q4 earnings of 58 cents per share, slightly beating estimates but revenues of $11.82 billion fell -1.95% short of expectations [6] - Spotify (SPOT) exceeded earnings expectations with $5.16 per share, a +63.3% surprise, and revenues of $5.27 billion, surpassing estimates by +2.57% [7] - Hasbro (HAS) reported earnings of $1.51 per share, significantly above the expected $0.99, with revenues of $1.45 billion, driven by a +4671% growth in Hasbro Entertainment [8] - Harley Davidson (HOG) reported disappointing earnings of -$2.44 per share, missing estimates by -165%, with revenues of $390.55 million falling short by -25.9% [10]

Key Takeaways HAS posted Q4 EPS of $1.51 and revenues of $1.45B, beating estimates and lifting shares 2% premarket.Hasbro's Wizards of the Coast and Digital Gaming segment saw revenue jump 86% year over year to $630.4M.HAS benefited from cost savings and reaffirmed plans for a $1B share repurchase while continuing investments.Hasbro, Inc. (HAS) reported fourth-quarter fiscal 2025 results, with earnings and revenues beating the Zacks Consensus Estimate. The top and bottom lines increased year over year. Foll ...

Basic Fun! Embarks on New Adventure with the DUNGEONS & DRAGONS Questers Toy Line [Accessibility Statement] Skip NavigationDesigned for Gen Alpha, the DUNGEONS & DRAGONS Questers Toys will Debut at Retail in July 2026BOCA RATON, Fla., Feb. 10, 2026 /PRNewswire/ -- [Basic Fun!], a global designer and marketer of toys and consumer products, today announced a worldwide licensing agreement with leading games, IP and toy company Hasbro, Inc. (NASDAQ: HAS) through its Wizards of the Coast division to introduce a ...

Financial Data and Key Metrics Changes - In Q4, net revenue was $1.5 billion, up 31% year-over-year, with adjusted operating profit increasing 180% to $315 million, resulting in a 21.8% operating margin [17][18] - For the full year, net revenue grew 14% to $4.7 billion, with adjusted operating profit increasing 36% to $1.1 billion and an adjusted operating margin of 24.2%, up nearly 400 basis points [18][20] - Adjusted earnings per diluted share were $5.54 for the full year [18] Business Line Data and Key Metrics Changes - Wizards revenue grew 86% to $630 million in Q4, driven by Magic, which was up 141% year-over-year [18][19] - Consumer products revenue in Q4 was $800 million, up 7%, while for the full year, it declined 4% to $2.4 billion [19][20] - Adjusted operating profit for Wizards was $284 million in Q4, resulting in a 45% operating margin, while consumer products delivered an adjusted operating profit of $113 million [19][20] Market Data and Key Metrics Changes - The company reached over 1 billion people annually through its brands, significantly increasing from an initial estimate of 585 million [6][7] - The Wizards Play Network saw a 22% increase in unique players participating in organized play, with over 1 million players by the end of 2025 [10] Company Strategy and Development Direction - The "Playing to Win" strategy focuses on two pillars: play and partnership, aiming to drive growth and profitability [5][6] - The company is expanding its partnerships with major franchises, including Harry Potter and K-Pop, to enhance its product offerings and market reach [8][12] - The company is leveraging AI to improve productivity and innovation, expecting to free up over 1 million hours of lower-value work [14][15] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in returning to growth despite market volatility, with expectations for continued momentum in 2026 [16][21] - The company anticipates consolidated revenue growth of 3% to 5% year-over-year for 2026, with operating margins between 24% and 25% [22][24] - Management highlighted the importance of a strong entertainment slate and consumer engagement in driving future growth [22][23] Other Important Information - The company plans to restart share repurchases with a new $1 billion program, reinforcing its commitment to returning capital to shareholders [25] - The company achieved $893 million in operating cash flow and ended the year with $777 million in cash on the balance sheet [21] Q&A Session Summary Question: Magic's growth and future guidance - Management discussed several growth vectors for Magic, including distribution growth and player engagement, indicating a robust pipeline for 2026 [29][31] Question: Partnerships and their impact on growth - Management emphasized the strategic importance of partnerships in driving growth and enhancing brand engagement, with expectations for continued positive impact on revenue [35][39] Question: Wizards' margin performance - Management explained that while margins expanded in 2025, some contraction is expected in 2026 due to increased royalty expenses and costs associated with upcoming video game releases [43][45] Question: Consumer products revenue outlook - Management indicated that consumer products revenue is expected to grow low single digits, supported by a strong entertainment slate from partners [47][49] Question: Digital gaming pipeline - Management highlighted ongoing investments in digital gaming, with expectations for strong performance from upcoming titles like Exodus and Warlock [76][84]

Hasbro (NasdaqGS:HAS) Q4 2025 Earnings call February 10, 2026 08:30 AM ET Company ParticipantsChris Cocks - CEOFred Wightman - VP of Investor RelationsGina Goetter - CFO and COOConference Call ParticipantsArpine Kocharyan - Equity Research AnalystChristopher Horvers - Senior Equity Research AnalystEric Handler - Senior Research AnalystGerrick Johnson - Senior Equity AnalystJames Hardiman - Senior Equity Research AnalystKylie Cohu - Senior Equity Research AnalystMegan Alexander - Equity Research AnalystSteph ...

Financial Data and Key Metrics Changes - In Q4 2025, Hasbro reported net revenue of $1.5 billion, a 31% increase year-over-year, with adjusted operating profit rising 180% to $315 million, resulting in a 21.8% operating margin [17][18] - For the full year, net revenue grew 14% to $4.7 billion, with adjusted operating profit increasing 36% to $1.1 billion and an adjusted operating margin of 24.2%, up nearly 400 basis points from the previous year [18][20] - Adjusted earnings per diluted share were $5.54 for the full year [18] Business Line Data and Key Metrics Changes - The Wizards of the Coast segment saw revenue grow 86% in Q4 to $630 million, with Magic sales up 141% driven by successful releases [18][19] - Consumer products revenue in Q4 was $800 million, up 7%, while for the full year, it declined 4% to $2.4 billion, reflecting resilience despite tariff impacts [20] - The entertainment segment performed in line with expectations, delivering stable revenue and adjusted margins [20] Market Data and Key Metrics Changes - Hasbro's brands now reach over 1 billion people annually, significantly exceeding initial estimates of 585 million [4] - The company reported a 22% year-over-year increase in unique players participating in organized play for Magic, with over 1 million players by the end of 2025 [9] Company Strategy and Development Direction - Hasbro's strategic roadmap, "Playing to Win," focuses on two pillars: play and partnership, aiming to drive growth and profitability [4] - The company is expanding its partnerships with major franchises, including Harry Potter and K-Pop, to enhance its product offerings and market reach [7][12] - Hasbro is leveraging AI to improve productivity and innovation, aiming to free up over 1 million hours of lower-value work for more creative endeavors [13][15] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's growth trajectory despite market volatility, highlighting the successful execution of the "Playing to Win" strategy [16] - The outlook for 2026 anticipates consolidated revenue growth of 3% to 5% year-over-year, with operating margins expected to be between 24% and 25% [22][23] - The company expects Wizards to remain a primary growth engine, supported by a robust pipeline and sustained engagement across gaming [22] Other Important Information - Hasbro generated $893 million in operating cash flow and ended the year with $777 million in cash, returning $393 million to shareholders through dividends [22] - The board has authorized a new $1 billion share repurchase program, indicating confidence in the company's cash flows [26] Q&A Session Summary Question: Can you unpack the assumptions underlying the Magic guide for the year? - Management highlighted several growth vectors, including distribution growth and robust player engagement, indicating a virtuous cycle of increased participation and sales [32][33] Question: What is driving the momentum in expanded partnerships? - Management noted that Hasbro's unique ability to engage consumers across generations makes it a partner of choice, leading to a strong pipeline of multi-generational brands [37][39] Question: How do you view the toy industry POS outlook for 2026? - Management indicated that while traditional toy markets may decline, Hasbro's focus on gamified and entertainment-driven categories is expected to see robust growth [88] Question: What are the expectations for Monopoly Go in 2026? - Management expects stable performance with a run rate of $12 million to $14 million per month, indicating effective value capture strategies [72]

分组1 - Hasbro reported quarterly earnings of $1.51 per share, exceeding the Zacks Consensus Estimate of $0.99 per share, and showing a significant increase from $0.46 per share a year ago, resulting in an earnings surprise of +52.97% [1] - The company achieved revenues of $1.45 billion for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 12.25%, and up from $1.1 billion in the same quarter last year [2] - Hasbro has consistently outperformed consensus EPS and revenue estimates over the last four quarters, indicating strong financial performance [2] 分组2 - The stock has gained approximately 18% since the beginning of the year, significantly outperforming the S&P 500's gain of 1.7% [3] - The current consensus EPS estimate for the upcoming quarter is $1.10 on revenues of $931.29 million, and for the current fiscal year, it is $5.45 on revenues of $4.79 billion [7] - The Zacks Industry Rank for Toys - Games - Hobbies is currently in the bottom 7% of over 250 Zacks industries, suggesting potential challenges for the sector [8]

Q4 and Full Year 2025 Earnings February 10, 2026 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. Adjusted operating margin. Adjusted net earnings and Adjusted net earnings per diluted share. which exclude, where applicable, acquired intangible amortization, strategic transformation initiatives, restructuring and severance costs, loss on di ...

Hasbro and Warner Bros Discovery's global consumer products division on Tuesday announced a multi-year partnership to create toy and games based on the "Harry Potter" universe. ...