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HASBRO (HAS)

Earnings summaries and quarterly performance for HASBRO.

Recent press releases and 8-K filings for HAS.

Hasbro under investigation by Johnson Fistel for alleged misleading inventory disclosures
HAS
Legal Proceedings
  • Johnson Fistel, PLLP is conducting an investigation on behalf of Hasbro shareholders against certain officers and directors, offering potential governance reforms, fund recovery, and court-approved incentive awards at no cost to participants.
  • A class action complaint alleges that Hasbro made materially false and misleading statements and omissions about its inventory quality—portraying rising inventory as strong demand rather than excess supply—which allegedly led to artificially inflated stock prices.
Aug 27, 2025, 6:18 PM
Hasbro faces shareholder investigation by Bragar Eagel & Squire
HAS
Legal Proceedings
Demand Weakening
Layoffs
  • Bragar Eagel & Squire, P.C. is investigating Hasbro on behalf of long-term stockholders following a class-action complaint covering Feb 7, 2022 to Oct 25, 2023, alleging misrepresentation of inventory quality and levels.
  • On Jan 26, 2023, Hasbro previewed Q4 FY 2022, forecasting a 17% revenue contraction, announced 15% workforce layoffs, and disclosed the COO’s departure, causing its stock to drop over 8%.
  • On Oct 26, 2023, in Q3 FY 2023 results, Hasbro reported an 18% decline in Consumer Products revenues year-over-year and forecasted ~$50 million in one-time costs, leading to an 11.7% stock decline.
  • Long-term Hasbro investors can contact Bragar Eagel & Squire at (212) 355-4648 or [email protected] at no cost to discuss potential claims.
Jul 31, 2025, 11:25 PM
Hasbro faces investor investigation over alleged inventory misstatements
HAS
Legal Proceedings
  • Johnson Fistel is investigating Hasbro Inc. for potential officer and director misrepresentations regarding the quality and demand of its inventory.
  • The complaint alleges Hasbro misled investors by portraying rising inventory levels as robust demand, resulting in artificially inflated share prices.
  • Plaintiffs eligible to join must have held Hasbro shares continuously since February 7, 2022.
Jul 3, 2025, 10:32 PM
Hasbro expands casino partnerships
HAS
New Projects/Investments
  • Hasbro secured multi-year partnerships with Galaxy Gaming to develop and distribute land-based casino table games, with initial releases at Global Gaming Expo 2025 and casino rollouts in early 2026.
  • It granted Evolution exclusive rights for online live casino and slot games, scheduled to debut in 2026.
  • A deal with Aristocrat Technologies targets rapid deployment of Monopoly-themed slot machines across over 300 regulated jurisdictions.
  • These collaborations, under Hasbro’s “Partner Scaled” initiative, aim to monetize IP through upfront fees and royalties and capitalize on the growing global gambling market.
Jul 1, 2025, 1:22 PM
Hasbro Holds 2025 Annual Meeting with Board Election and Strategic Updates
HAS
Proxy Vote Outcomes
Board Change
  • Hasbro conducted its 2025 Annual Meeting of Shareholders as a live virtual webcast, where board nominations and proxy votes were executed.
  • Ten director nominees were elected to serve on the Board until the 2026 meeting, with nominations confirmed and no additional nominees received.
  • The CEO outlined a strategy focused on high-margin franchises, strong digital and gaming performance—including standout results from Wizards of the Coast—and resilient consumer products.
May 21, 2025, 3:01 PM
Hasbro Advances Transformation and Growth Investments
HAS
New Projects/Investments
Revenue Acceleration/Inflection
Share Buyback
  • Transformation Update: Hasbro is midway through a multiyear transformation dubbed "Playing to Win," emphasizing portfolio simplification—including an 80% reduction in SKU complexity—and refocusing on its core businesses, notably the Wizards segment.
  • Midterm Financial Targets: The company is targeting mid-single digit revenue growth with annual margin improvements of 0.5 to 1 percentage point, while actively managing tariff-related pricing adjustments.
  • Gaming and Digital Investments: The Wizards division, led by the Magic brand—which recorded 46% growth in Q1—is a key growth engine, bolstered by strategic digital licensing and video game partnerships.
  • Capital Allocation Strategy: Hasbro is prioritizing growth investments and debt reduction, with considerations for share buybacks beginning in 2026.
May 14, 2025, 2:01 PM
Hasbro Reports Q1 2025 Financial & Operational Results
HAS
Earnings
Revenue Acceleration/Inflection
Guidance Update
Dividends
  • Hasbro posted net revenue of $887 million (up 17%) in Q1 2025, driven by a 46% growth in the Wizards segment—while Consumer Products declined by 4% .
  • Achieved a record adjusted operating margin of 25.1%, with operating profit at $170.7 million and adjusted operating profit of $222 million (up 50% and a $74M improvement year-over-year) .
  • Declared a quarterly cash dividend of $0.70 per share, along with a $98M dividend payout and a $50M debt reduction to bolster balance sheet strength .
  • Navigated a challenging tariff environment with potential 145% tariffs on China and 10% reciprocal tariffs elsewhere, mitigating an estimated gross impact of $100M to $300M through cost-saving and supply chain diversification .
  • Maintained full company guidance amid ongoing trade uncertainties, leveraging robust licensing, digital gaming performance, and accelerated cost transformation .
Apr 24, 2025, 12:31 PM

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