HAS Stock Recent News
HAS LATEST HEADLINES
HAS' first-quarter top line reflects strong growth in Wizards and Digital Gaming segment amid dismal contributions from Consumer Products and Entertainment.
While the top- and bottom-line numbers for Hasbro (HAS) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
If President Donald Trump's 145% levy against imports from China holds, Hasbro estimates it could see as mush as a $300 million hit to its bottom line. The toy maker posted better-than-expected earnings on Thursday, but investors and analysts were more focused on the ongoing trade war
Hasbro (HAS) shares surged Thursday after the toy maker posted better-than-expected results for the first quarter and agreed to extend a licensing deal with Disney (DIS).
Shares of Hasbro Inc (NASDAQ:HAS) rose 7.7% in premarket trading on Thursday after the toymaker posted a sharp first-quarter revenue beat, powered by strong sales from Magic: The Gathering and digital gaming. Revenue rose 17% year-over-year to $887.1 million, far surpassing analysts' expectations of $771.15 million, driven by a 46% surge in its Wizards of the Coast and Digital Gaming segment.
Hasbro (HAS) came out with quarterly earnings of $1.04 per share, beating the Zacks Consensus Estimate of $0.67 per share. This compares to earnings of $0.61 per share a year ago.
Hasbro (HAS 1.15%), a leading global play and entertainment company, reported strong earnings for the first quarter of 2025 on Thursday, April 24, that outpaced market expectations significantly. Adjusted EPS was $1.04, beating the $0.67 estimate and rising 71% year over year.
US stock indices seemed to be heading for a moderately positive start to trading on Thursday, before reports emerged from Japan that dented the market's confidence. Futures for the S&P 500 were down 0.25% at the time of publication, having been up almost as much the other way an hour earlier.
Hasbro reported first-quarter revenue on Thursday that beat Wall Street estimates, helped by strength in the toymaker's digital gaming segment.
PAWTUCKET, R.I.--(BUSINESS WIRE)---- $HAS #HASQ1--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 like our extended Disney agreement, and future-focused bets that are already paying off,” said Chris Cocks, Hasbro Chief Executive Officer. “We delivered s.