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Bragar Eagel & Squire, P.C. Litigation Attorneys Encourage Investors Who Suffered Losses In Hasbro (HAS) To Contact Him Directly To Discuss Their Options
I remain bullish on Hasbro, as Wizards of the Coast delivered a blowout quarter and digital licensing momentum continues to build. WOTC's Magic, The Gathering saw record growth, validating the Universes Beyond strategy and structurally improving Hasbro's long-term growth outlook. Tariff risks are now well-defined and supply chain exposure is improving, de-risking the FY25 outlook and supporting higher valuation multiples.
The prices of many of Americans' common purchases are rising, with tariffs lifting the cost of items from shoes to toys and beyond.
Hasbro (HAS) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
MEDP, CBFV, CALX, TREE and HAS have been added to the Zacks Rank #1 (Strong Buy) List on July 28, 2025.
HAS, CBFV and MAG made it to the Zacks Rank #1 (Strong Buy) income stocks list on July 28, 2025.
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Hasbro Inc. (Nasdaq: HAS), the brand responsible for iconic games like Monopoly, Jenga, and Magic: The Gathering, saw its shares tick upward over 3% in premarket trading on Wednesday. The uptick came just after the company reported its second-quarter earnings of $1.30 per share, beating the analyst expectations of $0.78 per share.And despite a 1% year-over-year decrease, Hasbro's adjusted revenue was posted at $980.8 million, also beating analysts' $874.6 million projection.While sales have been notably down for toy and gaming companies, Hasbro has managed to offset some of the volatility due to financial strains and tariffs.
Sales of traditional toys by the country's two largest toy manufacturers, Hasbro and Mattel, fell during the second quarter, due to delayed ordering by retailers worried about possible price increases, the companies said in releasing their earnings reports Wednesday.
Shoppers may encounter shortages of in-demand toys this holiday season, said Hasbro CEO Chris Cocks. Tariffs are leading retailers to take a cautious approach to inventory, and replenishing supplies could be challenging, said the company.