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Hasbro, Inc. - $HAS STOCK NEWS

Welcome to our dedicated page for Hasbro news (Ticker: $HAS), a resource for investors and traders seeking the latest updates and insights on Hasbro stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Hasbro's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Hasbro's position in the market.

Rhea-AI Summary

Hasbro (NASDAQ: HAS) has been named one of the Civic 50 Most Community-Minded Companies for the 12th consecutive year by Points of Light. This recognition highlights Hasbro's commitment to social impact, positively affecting over 3.9 million individuals worldwide in 2023. The award acknowledges the company's efforts in providing access to play for underserved communities, delivering play relief during crises, and developing future playmakers. With over 82% of its global workforce volunteering, Hasbro showcases its dedication to civic engagement and community support.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.98%
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Rhea-AI Summary

Hasbro (NASDAQ: HAS) has announced that CEO Chris Cocks and CFO Gina Goetter will participate in the JP Morgan Global Technology, Media and Communications Conference on May 20, 2024, at 11:20AM ET. The event will include a fireside chat, which will be webcast live and accessible on Hasbro's Investor Relations home page. For those unable to attend the live session, an archived version will be available for 30 days after the event.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.98%
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conferences
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Rhea-AI Summary

Hasbro, Inc. (NASDAQ: HAS) announced a public offering of $500,000,000 in 6.050% Notes due 2034, with an expected settlement date of May 14, 2024. The net proceeds are estimated to be around $495 million, which will be used for general corporate purposes, including redeeming or repaying outstanding debts.

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Rhea-AI Sentiment
End-of-Day
-0.49%
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Rhea-AI Summary
Hasbro, Inc. (NASDAQ: HAS) reported improved profitability and EPS growth in the first quarter of 2024. Despite a 24% revenue decline driven by the eOne divestiture, adjusted operating profit increased by $101.4 million. Hasbro's turnaround efforts showed progress with strong performance in the Wizards of the Coast and Digital Gaming segment (+7%) and Entertainment (+65%). The company's operating margin stood at 15.3% with adjusted operating margin reaching 19.6%. Hasbro also reported significant reductions in owned inventory and paid $97.2 million in cash dividends to shareholders. The company remains on track for its full-year commitments, maintaining annual guidance for the Consumer Products, Wizards of the Coast, and Entertainment segments.
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Rhea-AI Sentiment
End-of-Day
11.85%
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Rhea-AI Summary
LITTLEST PET SHOP launches 'Bobble to The Beat' social campaign after NYC premiere event, inviting fans worldwide to join the dance challenge. The brand relaunched with over 120 bobblin' pets in Generation 7, available at major retailers globally.
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Rhea-AI Sentiment
End-of-Day
0.74%
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Rhea-AI Summary
Hasbro, Inc. (NASDAQ: HAS) will release its first quarter financial results on April 24, 2024, followed by an earnings conference call at 8:30 a.m. Eastern Time. The webcast will provide financial and statistical information, available on Hasbro's Investor Relations website. A replay will be accessible for 12 months.
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Rhea-AI Sentiment
End-of-Day
0.74%
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Rhea-AI Summary
Hasbro, Inc. (NASDAQ: HAS) continues its commitment to women innovators with the Women Innovators of Play program in 2024, collaborating with Girl Up to empower women in the toy and game industry. The program aims to foster inclusivity, inspire creativity, and provide opportunities for women across the globe. Hasbro's 2023 Challenge received 130 submissions, awarding three winners with $10,000 each and a mentorship session. The 2024 program will feature a variety of events, networking opportunities, and educational programs for women innovators of all ages, expanding on the success of the previous year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.42%
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Rhea-AI Summary
Hasbro, Inc. announces new board members Frank Gibeau, Darin Harris, and Owen Mahoney, while Tracy Leinbach, Linda Zecher Higgins, and Michael Burns retire. Alan Hassenfeld steps down as Emeritus Chairman. The company aims to leverage the diverse experience of the new members for long-term growth and innovation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.97%
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management
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Rhea-AI Summary
Hasbro, Inc. issues 2024 guidance with improved profit growth and declares a quarterly dividend. The company reported financial results for the fourth quarter and full year 2023, highlighting revenue declines in some segments but growth in others. Hasbro aims to drive significant profit growth in 2024, focusing on operational excellence and cost savings. The company's refreshed leadership team is bringing innovative products to fans while maintaining a commitment to returning cash to shareholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.35%
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Rhea-AI Summary
Wizards of the Coast celebrates five decades of Dungeons & Dragons with a year-long event in 2024, offering new products, licensed consumer goods, and immersive experiences for fans worldwide.
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Rhea-AI Sentiment
End-of-Day
1.38%
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Hasbro, Inc.

Nasdaq:HAS

HAS Rankings

HAS Stock Data

8.37B
130.82M
5.97%
90.36%
5.91%
Doll, Toy, and Game Manufacturing
Manufacturing
Link
United States of America
PAWTUCKET

About HAS

hasbro is a global company committed to creating the world’s best play experiences, by leveraging its beloved brands, including littlest pet shop, magic: the gathering, monopoly, my little pony, nerf, play-doh, transformers, and premier partner brands. from toys and games to television programming, motion pictures, digital gaming and a comprehensive lifestyle licensing program, hasbro fulfills the fundamental need for play and connection for children and families around the world. the company’s hasbro studios creates entertainment brand-driven storytelling across mediums, including television, film and more. through the company's commitment to corporate social responsibility, including philanthropy, hasbro is helping to build a safe and sustainable world and to positively impact the lives of millions of children and families every year.