Hasbro (NASDAQ:HAS) Announces Quarterly Earnings Results

Hasbro (NASDAQ:HAS) announced its earnings results on Wednesday. The company reported $1.47 EPS for the quarter, topping the consensus estimate of $1.20 by $0.27, Briefing.com reports. The firm had revenue of $1 billion for the quarter, compared to the consensus estimate of $969.20 million. Hasbro had a negative net margin of 4.62% and a positive return on equity of 174.64%. The business’s quarterly revenue was up 12.7% on a year-over-year basis. During the same period last year, the company posted $1.04 EPS.

Here are the key takeaways from Hasbro’s conference call:

• Hasbro delivered a strong Q1 with revenue up 13% year over year to $1.0 billion, adjusted operating profit up 29%, and adjusted EPS up 41%, driven primarily by Wizards of the Coast.
• Magic: The Gathering momentum remains exceptional, with Lorwyn Eclipsed becoming the best-selling premier set ever, strong backlist demand, and record engagement across organized play and MagicCon events.
• Hasbro reaffirmed full-year guidance, including 3%-5% constant-currency revenue growth, 24%-25% adjusted operating margin, and $1.4 billion-$1.45 billion of adjusted EBITDA, despite macro and cyber-related uncertainty.
• Consumer Products was stable but facing temporary disruptions; management said POS trends were positive, but a March cyber incident is expected to delay $40 million-$60 million of revenue from Q2 into the back half of 2026.
• Cost pressures remain a headwind, including about $30 million of oil-related freight, resin, and packaging costs in 2026, though Hasbro said it is offsetting part of this with tariffs, productivity actions, and pricing/mix.

Hasbro Price Performance

NASDAQ:HAS opened at $90.08 on Friday. Hasbro has a 1-year low of $64.74 and a 1-year high of $106.98. The company has a current ratio of 1.65, a quick ratio of 1.49 and a debt-to-equity ratio of 4.59. The firm has a fifty day simple moving average of $93.23 and a 200 day simple moving average of $89.41. The stock has a market capitalization of $12.75 billion, a PE ratio of -54.27, a P/E/G ratio of 2.59 and a beta of 0.52.

Hasbro Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 11th. Investors of record on Monday, June 1st will be paid a $0.70 dividend. The ex-dividend date of this dividend is Monday, June 1st. This represents a $2.80 annualized dividend and a dividend yield of 3.1%. Hasbro’s dividend payout ratio (DPR) is currently -119.15%.

Analyst Ratings Changes

Several equities analysts have recently weighed in on HAS shares. Wall Street Zen cut shares of Hasbro from a “strong-buy” rating to a “buy” rating in a research note on Saturday, May 16th. Bank of America raised their price target on shares of Hasbro from $113.00 to $115.00 and gave the stock a “buy” rating in a research note on Thursday. The Goldman Sachs Group raised their price target on shares of Hasbro from $88.00 to $114.00 and gave the stock a “buy” rating in a research note on Wednesday, February 11th. Roth Mkm set a $120.00 price target on shares of Hasbro in a research note on Wednesday, February 11th. Finally, Citigroup decreased their price target on shares of Hasbro from $118.00 to $114.00 and set a “buy” rating for the company in a research note on Thursday. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, Hasbro presently has a consensus rating of “Moderate Buy” and an average price target of $113.64.

Insider Buying and Selling

In other Hasbro news, CEO Christian P. Cocks sold 196,411 shares of Hasbro stock in a transaction on Thursday, February 26th. The shares were sold at an average price of $100.33, for a total transaction of $19,705,915.63. Following the completion of the transaction, the chief executive officer directly owned 303,310 shares of the company’s stock, valued at $30,431,092.30. The trade was a 39.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.71% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Hasbro

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. University of Texas Texas AM Investment Management Co. bought a new position in Hasbro during the fourth quarter worth $27,000. CYBER HORNET ETFs LLC bought a new position in Hasbro during the second quarter worth $25,000. MUFG Securities EMEA plc bought a new position in Hasbro during the second quarter worth $28,000. Wexford Capital LP acquired a new stake in shares of Hasbro during the third quarter worth $37,000. Finally, NewEdge Advisors LLC lifted its holdings in shares of Hasbro by 36.7% during the second quarter. NewEdge Advisors LLC now owns 686 shares of the company’s stock worth $51,000 after buying an additional 184 shares in the last quarter. 91.83% of the stock is owned by institutional investors.

Key Hasbro News

Here are the key news stories impacting Hasbro this week:

• Positive Sentiment: Hasbro beat Q1 EPS and revenue expectations, with digital gaming and Wizards of the Coast driving strong growth. Article Title
• Positive Sentiment: Analysts turned more constructive after the report, with BNP Paribas Exane raising its price target and DA Davidson reaffirming a neutral rating with upside to its target. Article Title
• Neutral Sentiment: Hasbro and Formula 1 unveiled a Monopoly Formula 1 edition, adding another brand partnership and potential licensing opportunity. Article Title
• Neutral Sentiment: The company announced new Marvel Legends figures and Comic-Con exclusives, which supports its collectibles business but is not likely a major near-term stock driver. Article Title
• Negative Sentiment: Shares fell after the earnings release because investors were disappointed that Hasbro kept full-year guidance unchanged rather than raising it. Article Title
• Negative Sentiment: Management warned that cash flow could remain uneven as the company works through cyber-related invoicing delays from the March attack. Article Title

Hasbro Company Profile

Hasbro, Inc is a global play and entertainment company, known for designing, manufacturing and marketing a diverse portfolio of toys, games and consumer products. Founded in 1923 as Hassenfeld Brothers and headquartered in Pawtucket, Rhode Island, the company has grown into one of the foremost names in the toy industry, with a presence in retail, digital and entertainment channels worldwide.

The company’s brand portfolio features iconic properties such as Monopoly, Play-Doh, Nerf, My Little Pony and Transformers.