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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.

Hasbro, Inc. (NASDAQ: HAS) is a global leader in creating the world’s best play experiences through its iconic and beloved brands. The company’s extensive brand portfolio includes household names such as Littlest Pet Shop, Magic: The Gathering, Monopoly, My Little Pony, Nerf, Play-Doh, Transformers, and many more. Hasbro's offerings span a wide range of entertainment mediums, from traditional toys and games to television programming, motion pictures, digital gaming, and a comprehensive lifestyle licensing program.

Hasbro Studios, the company's entertainment arm, is dedicated to creating brand-driven storytelling that resonates across multiple platforms, including TV and film. Through strategic acquisitions and partnerships, such as the 2019 acquisition of Entertainment One (eOne), Hasbro has significantly expanded its reach and content capabilities, adding popular family properties like Peppa Pig and PJ Masks to its portfolio. In 2022, the company further strengthened its digital gaming presence by acquiring Dungeons & Dragons Beyond, offering access to a community of 10 million digital tabletop players.

Financially, Hasbro continues to show robust performance, driven by its diverse product lineup and strategic investments. The company is also deeply committed to corporate social responsibility, including philanthropy and environmental sustainability, positively impacting millions of children and families around the world.

In recent news, Hasbro’s division, Wizards of the Coast, announced a licensing agreement with Starbreeze Entertainment to develop a new game based on the Dungeons & Dragons universe, expected to launch in 2026. This partnership underscores Hasbro's strategy to grow its digital games portfolio through licensing and development, bringing immersive play experiences to a global audience.

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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.
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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.
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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.
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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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Hasbro, Inc. (NASDAQ: HAS) will release its fourth quarter and full year financial results on February 13, 2024. The earnings conference call will be webcast at 8:30 a.m. Eastern Time, and certain financial information will be available on Hasbro's Investor Relations website. A replay of the call will be hosted on the website for 12 months.
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Ultra PRO International LLC (Ultra PRO) has partnered with Wizards of the Coast to reveal a top of the line 30th Anniversary Magic: The Gathering Accessories collection. The collection features expansion symbols from Magic: The Gathering over the past 30 years and includes APEX® Deck Protector® premium sleeves, a 12-Pocket PRO-Binder, an Alcove® Edge Deck Box, and a Holofoil® Playmat. Ultra PRO's new APEX® Deck Protector® sleeves have been in development for two years, offering a top-notch shuffle experience and vibrant designs on a textured material. The collection also consists of a 12-pocket PRO-Binder capable of holding up to 480 cards, a playmat made of Holofoil® material, and an Alcove® Edge Deck Box with strong magnetic closures. The artwork represents more than 90 expansion sets released by Wizards of the Coast in the past 30 years.
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Hasbro, Inc. (NASDAQ: HAS) has completed the sale of its Entertainment One film and TV business to Lionsgate for $375 million. This sale is part of Hasbro's Blueprint 2.0 strategy, allowing the company to continue developing and producing entertainment based on its Hasbro brands. The sale includes unscripted television production companies Renegade and Daisybeck, as well as Hasbro’s interest in the Canadian film & TV operations of Entertainment One Canada Limited. Hasbro also expects to retire approximately $400 million of floating rate debt.
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Hasbro, Inc. (NASDAQ: HAS) declares a quarterly cash dividend of $0.70 per common share
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Hasbro, Inc. (NASDAQ: HAS) declares a quarterly cash dividend of $0.70 per common share, payable on February 15, 2024, to shareholders of record at the close of business on February 1, 2024.
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Starbreeze Entertainment (STBEW) has licensed Dungeons & Dragons® from Wizards of the Coast, a division of Hasbro, Inc., for their upcoming game Project Baxter, set to be released in 2026. The game will feature co-operative multiplayer, a Games as a Service-model, community engagement, and cross-play on all major platforms. It will be produced in Unreal Engine 5.
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FAQ

What is the current stock price of Hasbro (HAS)?

The current stock price of Hasbro (HAS) is $56.64 as of February 3, 2025.

What is the market cap of Hasbro (HAS)?

The market cap of Hasbro (HAS) is approximately 7.8B.

What does Hasbro, Inc. do?

Hasbro, Inc. is a global company that creates play experiences through brands like Littlest Pet Shop, Magic: The Gathering, Monopoly, My Little Pony, Nerf, Play-Doh, and Transformers, spanning toys, games, TV programming, motion pictures, digital gaming, and licensing.

What are some of Hasbro’s most popular brands?

Some of Hasbro’s most popular brands include Littlest Pet Shop, Magic: The Gathering, Monopoly, My Little Pony, Nerf, Play-Doh, and Transformers.

What recent acquisition has expanded Hasbro’s content capabilities?

In 2019, Hasbro acquired Entertainment One (eOne), adding popular family properties like Peppa Pig and PJ Masks to its portfolio.

What is Hasbro Studios?

Hasbro Studios is the entertainment arm of Hasbro, dedicated to creating brand-driven storytelling across mediums such as television and film.

What was Hasbro’s latest digital gaming acquisition?

In 2022, Hasbro acquired Dungeons & Dragons Beyond, gaining access to a community of 10 million digital tabletop players.

What strategic partnership did Hasbro recently enter for a new game?

Hasbro’s division, Wizards of the Coast, entered a licensing agreement with Starbreeze Entertainment to develop a new game based on the Dungeons & Dragons universe, expected to launch in 2026.

How does Hasbro contribute to corporate social responsibility?

Hasbro is committed to corporate social responsibility through philanthropy and environmental sustainability, positively impacting millions of children and families annually.

What makes Hasbro a leader in the play experience industry?

Hasbro’s leadership in the play experience industry is driven by its diverse product lineup, strategic acquisitions, strong brand portfolio, and commitment to storytelling across multiple platforms.

What is Wizards of the Coast?

Wizards of the Coast is a division of Hasbro that develops legendary games like Magic: The Gathering and Dungeons & Dragons, inspiring creativity and community among gamers.

How is Hasbro expanding its digital games portfolio?

Hasbro is expanding its digital games portfolio through strategic partnerships and acquisitions, such as the recent licensing agreement with Starbreeze Entertainment and the acquisition of Dungeons & Dragons Beyond.
Hasbro, Inc.

Nasdaq:HAS

HAS Rankings

HAS Stock Data

7.79B
131.08M
6.03%
88.91%
3.09%
Leisure
Games, Toys & Children's Vehicles (no Dolls & Bicycles)
Link
United States of America
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