US EditionHasbro Q1 revenue increases 17%
- Hasbro reported stronger-than-expected first-quarter 2025 earnings and revenue on April 24, 2025.
- Performance was largely driven by the Wizards of the Coast segment amid uncertainty from recent 145% US tariffs on China imports.
- The company's revenue increased 17% year-over-year to $887 million, exceeding the $771 million anticipated.
- Adjusted earnings per share reached $1.04 versus the $0.67 expected, contributing to the stock price surging over 16%.
- Despite tariff concerns and logistical complexity, Hasbro maintained its full-year guidance, supported by cost savings and asset-light businesses.
14 Articles
14 Articles
Hasbro Takes a “Wait and See” Approach to Tariffs
TFW you pick the “Advance to Go (Collect $200)” card out of the Community Chest. Hasbro’s stock surged by double-digits yesterday after the Monopoly board game maker shared an estimate-crushing 17% revenue jump for the first quarter and a 69% hike in profit. After revenue fell 15% in the holiday quarter, Hasbro debuted a profits-focused “Play to Win” strategy it says is starting to pay off. But it might not be fun and games for long: Hasbro hasn…
Hasbro’s stock rallies as toy maker ups its revenue forecast for ‘Wizards of the Coast’
The toy company’s first-quarter results wowed Wall Street, but its outlook excluded any impact of tariffs due to uncertainty over trade negotiations. Article Attribution | Read More at Article Source The post Hasbro’s stock rallies as toy maker ups its revenue forecast for ‘Wizards of the Coast’ appeared first on RocketNews.
Faced with Tariffs, Hasbro Raises Guidance for WotC
Daily coverage of the pop culture products industry, including toys (action figures, models and statues), anime (anime, manga, and Japanese imports), games (collectible card and roleplaying games or ccgs and rpgs), comics (comics and graphic novels), and movie and TV (licensed) merchandise. We feature business news, and in-depth analysis for retailers, publishers, manufacturers, distributors. Trade properties we cover include Star Wars, Star Tre…
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