Shares of toy and entertainment company Hasbro (NASDAQ:HAS)
jumped 16.1% in the afternoon session after the company reported strong first quarter 2025 results which significantly exceeded analysts' expectations across revenue, EPS, and EBITDA. The real spark came from digital games. Zooming out, we think this quarter featured some important positives.
Hasbro estimates that Trump’s tariffs could result in a $100 million to $300 million gross impact across Hasbro’s operations in 2025 before any mitigating actions are taken.
Hasbro extends its strategic alliance with Disney, acquiring rights to Star Wars and Marvel franchises, aiming to deliver innovative play experiences and expand its product offerings.
Wondering which stocks are making significant price gaps? Explore the S&P500 index on Thursday to find the gap up and gap down stocks in today's session.
U.S. equities are pushing higher for a third straight session, eyeing the longest winning streak since the Trump tariff announcement on April 2, as optimism over corporate earnings and easing trade tensions boosts risk sentiment.
Hasbro Inc. (NASDAQ: HAS) shares climbed in premarket trading after posting a 17.14% revenue increase in Q1 FY25 to $887.10 million, beating expectations. Strong performance from Wizards of the Coast and digital gaming offset declines in consumer products and entertainment.
Toy and entertainment company Hasbro (NASDAQ:HAS) announced better-than-expected revenue in Q1 CY2025, with sales up 17.1% year on year to $887.1 million. Its non-GAAP profit of $1.04 per share was 54.3% above analysts’ consensus estimates.
If tariffs on China fall "substantially," one of these three consumer goods stocks is a lot cheaper than the others. And one is still really, really expensive.
