The Zacks Toys - Games – Hobbies industry benefits from the robust demand for smart toys, STEM (science, technology, engineering and math) toys, sports toys, and fashion dolls and accessories. Industry participants have been undertaking efforts on the digital front and focusing on better execution of marketing and promotional initiatives to drive growth. Stocks like Hasbro, Inc. (HAS) , Mattel, Inc. (MAT) and JAKKS Pacific, Inc. (JAKK) are likely to gain from these trends. Industry Description The Zacks Toy ...

Company Performance - Hasbro's stock closed at $66.71, reflecting a -0.13% change from the previous trading day, which is less than the S&P 500's daily loss of 0.01% [1] - The company experienced a 10.03% gain over the previous month, outperforming the Consumer Discretionary sector's gain of 7.31% and the S&P 500's gain of 6.43% [1] Upcoming Earnings - The upcoming EPS for Hasbro is projected at $0.77, indicating a 36.89% decline compared to the same quarter of the previous year [2] - Revenue is estimated at $874.39 million, down 12.15% from the prior-year quarter [2] Annual Estimates - For the annual period, earnings are anticipated at $4.22 per share and revenue at $4.19 billion, reflecting increases of +5.24% and +1.41% respectively from the last year [3] Analyst Revisions - Changes in analyst estimates for Hasbro are crucial as they indicate shifting business trends, with positive revisions seen as a favorable sign for the company's outlook [3] Zacks Rank and Performance - The Zacks Rank system, which assesses estimate changes, currently ranks Hasbro as 3 (Hold) [5] - The consensus EPS projection has increased by 1.44% in the past 30 days [5] Valuation Metrics - Hasbro is trading at a Forward P/E ratio of 15.81, which is higher than the industry average of 11.96, suggesting a premium valuation [6] - The company has a PEG ratio of 1.84, compared to the industry average PEG ratio of 1.92 [7] Industry Context - The Toys - Games - Hobbies industry, part of the Consumer Discretionary sector, holds a Zacks Industry Rank of 30, placing it in the top 13% of over 250 industries [8] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]

Hasbro, Inc. (HAS) is likely to benefit from the strong performance of MAGIC: The Gathering, operational adjustments and licensing partnerships. Also, focus on accelerated cost reductions bodes well. However, an uncertain macro environment is a concern.Let us discuss the factors that suggest why investors should retain the stock for the time being.Hasbro’s Major Growth DriversHasbro’s early momentum in 2025 highlights the effectiveness of its Playing to Win strategy, which centers on high-growth categories ...

Hasbro (HAS) FY 2025 Annual General Meeting May 21, 2025 11:00 AM ET Speaker0 Hello, and welcome to Hasbro's twenty twenty five Annual Meeting of Shareholders. Please note that today's meeting is being recorded. It is now my pleasure to turn today's meeting over to Richard Stoddart, Chair of the Board of Directors of Hasbro. Mr. Stoddart, the floor is yours. Speaker1 Good morning, ladies and gentlemen. I'm Rich Stoddart, the Chair of the Board of Directors of Hasbro. It is my pleasure to welcome you to Hasb ...

On Sunday, the toy maker Hasbro was preparing big changes to contend with triple-digit tariffs on Chinese imports. By Monday, all of those calculations were different.Gina Goetter, Hasbro's Chief Financial Officer and Chief Operating Officer, said that President Donald Trump's decision to temporarily lower tariffs on China from 145% to 30% drastically altered the company's plans. She called the announcement a "pleasant surprise" at JP Morgan's Technology, Media, and Communications Conference. "A 30% wor ...

Hasbro (HAS) FY Conference Summary Company Overview - **Company**: Hasbro, Inc. (HAS) - **Date of Conference**: May 14, 2025 - **Key Speakers**: Gina Gedder (CFO and COO) Key Points Organizational Changes and Strategy - Hasbro is undergoing a multi-year transformation, with approximately two and a half years completed and another two and a half years expected to finalize the process [8][9] - The initial focus was on simplifying operations, reducing complexity, and divesting from the eOne entertainment business [9] - SKU count has been reduced by nearly 80%, and efforts have been made to clean up inventory and balance sheets [10] - The "Playing to Win" strategy was launched in February, emphasizing play, partnership, and profitability [10][12] - The strategy includes three business categories: growth, optimized, and reinvent, with growth businesses accounting for about 75% of revenue [12][13] Financial Performance and Projections - Midterm revenue growth target is set at a mid-single-digit rate, with annual margin expansion of 0.5 to 1 percentage point [26] - The first quarter saw a 46% growth in the Magic business, indicating strong demand and player engagement [30][34] - The company has not observed significant changes in consumer behavior despite tariff pressures, with holiday sales expected to remain strong [38][40] Tariff Impact and Pricing Strategy - The company is navigating tariff implications, with a recent reduction in anticipated tariff rates from 145% to 30%, which is expected to lessen the financial burden [42][50] - Pricing strategies are being adjusted based on the new tariff landscape, with a focus on maintaining competitive price points [46][48] - Approximately 45-50% of the product portfolio is priced at $20 or less, which is crucial for consumer accessibility [46] Balance Sheet and Debt Management - Hasbro has prioritized balance sheet health, focusing on inventory management and debt reduction following the eOne acquisition [66][68] - Inventory levels are reported to be healthy, returning to pre-COVID levels, allowing for better cash flow management [66] - The company aims to reduce debt to around 2.5 times leverage, with ongoing efforts to buy back or pay down debt [68] Future Growth and Investment - Hasbro is committed to investing in growth opportunities, particularly within the Wizards segment, which includes video games and other gaming initiatives [62][63] - The company is exploring direct-to-consumer sales channels, which currently represent a $100 million business [77] - Future plans include potential share buybacks starting in 2026, contingent on debt reduction and cash flow from new game launches [87][88] Consumer Trends and Market Position - Hasbro is adapting to changing consumer behaviors, particularly the shift towards digital gaming, while leveraging its IP across various platforms [72][74] - The company is focusing on improving demand planning and supply chain management in response to the loss of traditional retail partners like Toys R Us [80][79] Additional Insights - The executive team has undergone significant changes, with about 70% of leadership being new to their roles [15][16] - AI implementation is in the early stages, aimed at enhancing operational efficiency and analytical capabilities [19][20] - The company is actively reshoring some production to the U.S. to mitigate supply chain risks [55]

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 March 30, 2025 or TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 1-6682 __________________ HASBRO, INC. (Exact name of registrant as specified in its charter) Rhode Island 05-0155090 (State or ot ...

My previous investment thought on Hasbro Inc. ( HAS ) was a buy rating, as I believed the pullback in share price was an attractive entry point given the positive growth recovery outlook. II 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. Ultimately, I aim to identify c ...

Hasbro (HAS) Q1 2025 Earnings Call April 24, 2025 09:24 PM ET Company Participants Kristen Levy - Senior IR ManagerChris Cocks - CEO & DirectorGina Goetter - CFO & COOChristian Carlino - Equity Research AssociateMegan Clapp - Executive DirectorArpine Kocharian - Executive DirectorAlexander Perry - Director, Equity ResearchStephen Laszczyk - Vice PresidentKylie Cohu - Consumer Equity Research Conference Call Participants James Hardiman - Director - Leisure and Travel AnalystEric Handler - MD & Senior Researc ...

Core Viewpoint - Hasbro experienced a revenue increase in Q1, driven by strong performance in its gaming segment, but faces challenges due to evolving tariff situations Financial Performance - Net revenues for Q1 reached $887 million, marking a 17% increase, with a 46% surge from Wizards of the Coast and licensed digital gaming [1] - Adjusted operating profit rose to $222 million, an increase of $74 million from the previous quarter, and the company generated $138 million in operating cash flow [2] Tariff Impact - The company stated that tariffs had no material impact on Q1 results, but anticipates a gross impact of $100 million to $300 million from tariffs in 2025 [2] - The estimated net profit impact in 2025 is projected to be between $60 million and $180 million, depending on trade policy and consumer behavior [3] Sourcing and Manufacturing Strategy - Approximately half of Hasbro's toy and game volume originates in China, necessitating sourcing diversification [3] - China will remain a key manufacturing hub due to specialized capabilities, while the company is working with customers to manage inventory and pricing strategies [4] Cost-Saving Measures - Hasbro is accelerating a $1 billion cost-savings plan to mitigate tariff pressures [4] - The company is focusing on maintaining key price points and strengthening retail partnerships to capture market share [4] Strategic Flexibility - The games business and strategic flexibility provide Hasbro with options to navigate potential tariff and consumer outcomes [5]