Hasbro Inc Stock Price, News & Analysis

Hasbro (NASDAQ: HAS) has announced it will release its fourth quarter and full year 2024 financial results before market open on Thursday, February 20, 2025. The company will host a webcast earnings conference call at 8:30 a.m. Eastern Time on the same day.

The webcast and presentation slides will be available on Hasbro's Investor Relations website, with financial and statistical information included as required by Regulation G. A replay of the call will be accessible at the same location for 12 months following the event.

Hasbro, a leading toy and game company, manages a portfolio of over 1,800 iconic brands including MAGIC: THE GATHERING, DUNGEONS & DRAGONS, NERF, TRANSFORMERS, PLAY-DOH and PEPPA PIG, delivering various play experiences through toys, games, consumer products, digital services, and entertainment.

Hasbro has announced significant updates to its MONOPOLY brand in celebration of its 90th anniversary. The company is introducing three new Expansion Packs: MONOPOLY Go to Jail, MONOPOLY Buy Everything, and MONOPOLY Free Parking Jackpot, designed to enhance gameplay with new features like winning money and buying every space on the board.

The classic board game is also receiving a makeover with a more compact box design, improved storage solutions, updated money designs, and enhanced game pieces. The game, which has over a billion players globally and more than 300 licensed versions, continues to expand its presence through digital platforms, including the successful mobile game MONOPOLY GO!

These updates were developed based on extensive consumer research to understand player preferences. The revamped MONOPOLY board game is available for pre-order on Amazon and will be released at major retailers this spring in the US and early this year in Europe.

Puzzles & Survival, a post-apocalyptic zombie strategy game by 37GAMES, announces collaboration with TRANSFORMERS starting December 15, 2024. The crossover features iconic characters Optimus Prime and Megatron joining forces against a Quintesson scientist threatening Earth with a modified zombie virus.

The collaboration includes special events like Quintesson's Ploy, Cybertron Party, and Broken Bonds. Players can access exclusive content including Devastator appearances and themed sanctuary skins. A special gift code [PNSTF] offers rewards to celebrate the partnership.

The TRANSFORMERS franchise, owned by Hasbro (NASDAQ: HAS), has been a global entertainment powerhouse since 1984, spanning movies, TV shows, comics, toys, and digital media. Hasbro manages approximately 1,500 brands and is recognized for corporate citizenship.

Hasbro (NASDAQ: HAS) has announced its participation in the upcoming Morgan Stanley Global Consumer and Retail Conference. Gina Goetter, Chief Financial Officer and Chief Operating Officer, and Tim Kilpin, President of Toys, Licensing and Entertainment, will represent the company in a fireside chat scheduled for December 4, 2024, at 8:45 AM Eastern time.

The presentation will be accessible via webcast on Hasbro's Investor Relations website. For those unable to attend the live session, a recording will be available on the company's website for approximately 30 days following the event.

Hasbro, Inc. (NASDAQ: HAS) has announced that it will release its third quarter 2024 financial results before the market opens on Thursday, October 24, 2024. The company will host a webcast of its earnings conference call at 8:30 a.m. Eastern Time on the same day. Investors and media can access the webcast and accompanying presentation slides on Hasbro's Investor Relations website. A replay of the call will be available at the same location for 12 months following the event.

Hasbro is a leading toy and game company with a portfolio of over 1,800 iconic brands including MAGIC: THE GATHERING, DUNGEONS & DRAGONS, NERF, TRANSFORMERS, and PEPPA PIG. The company's mission is to entertain and connect generations of fans through storytelling and play experiences across various platforms.

Hasbro Inc. (HAS) announces the PLAY-DOH Kids Can campaign, aimed at empowering children to use imagination as a superpower. The initiative includes the launch of a PLAY-DOH Imagination Curriculum for families and educators in the U.S. and Canada. This curriculum, developed by experts in play and imagination, will be implemented through:

1. In-person school programs reaching 750 educators and 18,750 children in Canada

2. Collaboration with First Book in the U.S., impacting 400,000 students across Title 1 schools

3. Digital content on PLAY-DOH's social media platforms

The campaign aims to overcome imagination barriers and provide resources for open-ended play, supporting children's development in problem-solving, independent thinking, and confidence.

Hasbro (NASDAQ: HAS) announces its second annual Women Innovators of Play virtual event, scheduled for October 10, 2024. The free event features a lineup of prominent speakers, including Dr. Becky Kennedy, Emma Worrollo, and Dr. Michelle Thaller. The program aims to promote inclusivity in the toy and game industry, inspire creativity, and increase awareness of creative career paths.

The event will conclude with the launch of Hasbro's second annual Women Innovators of Play Challenge, offering women inventors the opportunity to submit toy and game ideas for funding, mentorship, and a trip to Hasbro HQ. This initiative aligns with Hasbro's commitment to fostering a diverse community of inventors and connecting people through toys and games.

Hasbro (NASDAQ: HAS) has announced its participation in the Goldman Sachs Communacopia and Technology Conference on September 10, 2024. CEO Chris Cocks and CFO Gina Goetter will represent the company in a fireside chat scheduled for 12:30 PM Eastern time.

The event will be webcast live and made available on Hasbro's Investor Relations website. For those unable to attend the live session, an archive of the presentation will be accessible on the company's website for approximately 30 days following the event.

This participation provides an opportunity for investors and analysts to gain insights into Hasbro's strategies and performance directly from its top executives.

Hasbro (NASDAQ: HAS) reported Q2 2024 financial results, showing a mixed performance. While overall revenue declined 18% (6% excluding eOne divestiture), the company saw 20% growth in Wizards of the Coast and Digital Gaming. Consumer Products declined 20%, and Entertainment fell 90% (30% excluding eOne). Despite revenue challenges, Hasbro improved profitability with adjusted operating profit of $249 million (+$112 million YoY) and adjusted operating margin of 25.0% (+13.7 points YoY). The company reported adjusted net earnings of $1.22 per diluted share and raised its full-year guidance. Hasbro achieved $40 million in net cost savings and reduced owned inventory by 51% YoY.