Hasbro's CEO says tariffs could hit the toy industry as hard as the 2008 recession
Shoppers could pull back spending on toys due to tariffs, Hasbro's CEO said. The tariffs could have as severe an effect as the 2008 recession, Christian Cocks said.
Hasbro Anticipates Up to $300 Million Impact From Tariffs
Toy and gaming company Hasbro saw a revenue increase in the first quarter, but the ever-evolving tariff situation is making growth strategizing tricky.
Hasbro's Q1 Earnings & Revenues Beat Estimates, Stock Up
HAS' first-quarter top line reflects strong growth in Wizards and Digital Gaming segment amid dismal contributions from Consumer Products and Entertainment.
Hasbro (HAS) Reports Q1 Earnings: What Key Metrics Have to Say
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.
Hasbro forecasts as much as $300 million impact if China tariffs don't come down
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 Stock Jumps on Strong Earnings, Extension of Disney Licensing Deal
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).
Hasbro rides Wizards, Magic momentum to strong Q1, reaffirms 2025 guidance
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) Q1 Earnings and Revenues Beat Estimates
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.
Why Hasbro, Mattel, and Walmart Stock Investors Love President Trump's Latest Tariffs Promise
Was it only Monday that the U.S. stock market was falling apart, the Dow Jones Industrial Average down 1,000 or more points, and economic nightmare just around the bend? Indeed it was, and yet, two straight days of strongly rebounding markets seem to have erased that nightmare from investors' minds, at the same time as it erased losses from their portfolios, and sent stock market averages charging deeply into "the green.
Hasbro Gears Up for Q1 Earnings: What's in the Offing for the Stock?
HAS' first-quarter fiscal 2025 performance is likely to have been aided by the strong performance across the MAGIC ecosystem, and growth in licensing and lower promotional discounts.
Hasbro (HAS) Q1 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
Besides Wall Street's top -and-bottom-line estimates for Hasbro (HAS), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended March 2025.
Hasbro (HAS) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Hasbro (HAS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
