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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 announces $1 million donation to four charities to celebrate its 100th anniversary. Fans can vote for the charities through purchases on HasbroPulse.com. The organization with the most votes will receive $400K, while the others will receive $300K, $200K, and $100K. Hasbro's commitment to philanthropy and community impact is praised. No direct impact on stock price.
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Hasbro announces the Hasbro Women Innovators of Play Challenge, open to women across 11 countries. Winners will receive $10,000, a trip to Hasbro Headquarters, and mentorship with a senior woman leader.
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Hasbro announces Hasbro Women Innovators of Play event
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Hasbro's CEO and CFO to participate in Goldman Sachs Communacopia and Technology Conference on September 6, 2023.
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Hasbro, Inc. (NASDAQ: HAS) has declared a quarterly cash dividend of $0.70 per common share. The dividend will be payable on November 15, 2023 to shareholders of record on November 1, 2023.
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Hasbro, Inc. (NASDAQ: HAS) announces the sale of eOne Film and TV business to Lionsgate, with a solid second quarter revenue ahead of expectations, reduction of inventory, and progress towards transformation and cost savings programs. The sale will allow focus on core toy and game expertise and strengthen the balance sheet. Revenue declined 10% in Q2 2023, but Consumer Products segment remains on track. Wizards of the Coast and Digital Gaming segment is performing better than expected. Entertainment segment's outlook is updated to reflect the impact of industry strikes.
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Hasbro, Inc. (NASDAQ:HAS) announced the sale of its eOne film and TV business to Lionsgate for approximately $500 million, with $375 million in cash. The sale is aligned with the company's Blueprint 2.0 strategy, aiming to retire $400 million of floating rate debt and for general corporate purposes. The transaction includes a content library of nearly 6,500 titles, active productions for non-Hasbro owned IP, and the eOne unscripted business. The sale is expected to close by the end of 2023.
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Lionsgate to acquire eOne in a $500 million deal, adding 6,500 titles to its library and expanding its presence in Canada and the UK.
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Hasbro, Inc. (NASDAQ: HAS) will release its second quarter financial results on August 3, 2023. The earnings conference call will be webcasted at 8:30 a.m. Eastern Time. Financial and statistical information will be available on Hasbro's Investor Relations website. A replay of the call will be available for 12 months.
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FAQ

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

The current stock price of Hasbro (HAS) is $57.58 as of December 20, 2024.

What is the market cap of Hasbro (HAS)?

The market cap of Hasbro (HAS) is approximately 8.0B.

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

7.96B
131.08M
6.03%
86.16%
3.06%
Leisure
Games, Toys & Children's Vehicles (no Dolls & Bicycles)
Link
United States of America
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