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Hasbro (IT:1HAS)
:1HAS
Earnings Data
Report Date
Apr 24, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.6Last Year’s EPS
0.54Same Quarter Last Year
Strong Buy
Based on 7 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Apr 24, 2025
|% Change Since: 14.38%
|Next Earnings Date:Jul 30, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted strong performance in the Magic business and significant revenue and profit growth. Strategic partnerships and cost savings initiatives were also positive aspects. However, declines in consumer products and entertainment segments, along with tariff challenges, introduced uncertainty. Overall, the sentiment is balanced with strong growth tempered by external challenges.Company Guidance
During Hasbro, Inc.'s First Quarter 2025 Earnings Conference Call, the company maintained its guidance despite facing potential headwinds such as tariffs and market volatility. Hasbro reported a 17% revenue increase, driven by a 46% surge in its Wizards segment, particularly Magic: The Gathering, and strong licensing performance. Adjusted operating profit rose by 50% reflecting a favorable mix and cost discipline. The company is accelerating its $1 billion cost savings plan, with a target of $175 to $225 million in gross savings for the year, to mitigate tariff impacts. Guidance for 2025 remains unchanged, with expectations of continued growth in its high-margin games and licensing businesses, while consumer products revenue is anticipated to be volatile due to tariff uncertainties. Hasbro plans to reduce its sourcing from China below 40% by 2026 and aims to maintain key price points to capture market share.Revenue and Profit Growth
Revenue rose 17% led by Magic business, and adjusted operating profit jumped 50% due to favorable mix and cost discipline.
Magic Business Performance
Wizards segment revenue grew 46% to $462 million with strong demand and engagement, leading to a 49.8% operating margin.
Cost Savings and Debt Reduction
$274 million adjusted EBITDA, up 59%, with $22 million in cost savings and $50 million in long-term debt reduction.
Strategic Partnerships
Extended multi-decade licensing agreement with Disney for Marvel and Star Wars, enhancing category rights in key areas.
Licensing and Digital Gaming Success
Licensed digital gaming portfolio grew 56% in Q1, driven by Monopoly Go and a new collaboration with Star Wars.
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IT:1HAS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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IT:1HAS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Apr 24, 2025 | €47.45 | €54.02 | +13.83% |
| Feb 20, 2025 | €58.12 | €65.00 | +11.84% |
| Oct 24, 2024 | €65.25 | €61.52 | -5.71% |
| Jul 25, 2024 | €53.85 | €55.71 | +3.45% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Hasbro (IT:1HAS) report earnings?
Hasbro (IT:1HAS) is schdueled to report earning on Apr 24, 2025, TBA Not Confirmed.
What is Hasbro (IT:1HAS) earnings time?
Hasbro (IT:1HAS) earnings time is at Apr 24, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Hasbro stock?
The P/E ratio of Hasbro is N/A.
What is IT:1HAS EPS forecast?
IT:1HAS EPS forecast for the fiscal quarter 2025 (Q1) is 0.6.
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