Hasbro Option Alert: May 16 $60 Calls at the Ask: 1550 vs 496 OI; Earnings 4/23 Before Open [est] 

Hasbro Option Alert: May 16 $60 Calls at the Ask: 1550 @ $3.6 vs 496 OI; Earnings 4/23 Before Open [est] Ref=$60.89

Hasbro (NASDAQ:HAS) Bolsa

HASBRO INC

Hasbro

Hasbro is a branded play company providing children and families around the world with entertainment offerings based on a world-class brand portfolio. From toys and games to television programming, motion pictures, and a licensing program, Hasbro reaches customers by leveraging its well-known brands such as Transformers, Nerf, and Magic: The Gathering. The firm acquired EOne in 2019, bolting on popular family properties like Peppa Pig and PJ Masks, and since has divested noncore lines from the tie-up. Furthermore, the addition of Dungeons & Dragons Beyond in 2022, offers the firm access to 19 million digital tabletop players.

Hasbro Inc

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Toy company Mattel Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MAT#NASDAQ">MAT</a>) beat analyst estimates for<a href="https://www.benzinga.com/news/earnings/25/05/45209947/mattel-beats-q1-estimates-pauses-guidance-due-to-tariffs-plans-actions-to-mitigate-cost-impacts"> first-quarter revenue</a> and earnings per share Monday.
Attention now turns to the impact of President Donald Trump&#8217;s tariffs, with the company ready to raise prices ahead of Christmas.
What Happened: Mattel posted first-quarter revenue of $827 million, beating an analyst estimate of $786 million. The company reported a loss of 3 cents per share, beating an estimate of 10 cents per share, according to data from Benzinga Pro.
Mattel CEO Ynon Kreiz called the quarter "strong" and said the company continued its "operational excellence."
"Our brands are thriving, our products and experiences stand out in the marketplace, and our balance sheet gives us resilience and flexibility to execute our strategy," Kreiz said.
The company said it will take action to offset incremental costs from tariffs, including diversifying its supply chain, improving product sourcing, and raising prices when necessary.
Mattel also paused full-year 2025 guidance given the "volatile macro-economic environment and evolving U.S. tariff landscape."
Raised prices by the owner of Barbie could prove a test of whether parents will be willing to spend more on toys for Christmas or cut back on the number of toys given higher prices,<a href="https://www.benzinga.com/trading-ideas/25/05/45144516/trump-a-grinch-or-santa-for-christmas-children-will-have-two-dolls-instead-of-30-dolls"> something President Trump illustrated</a> in an example answering a reporter's question.
Trump said China has made over a trillion dollars selling the United States things it doesn&#8217;t need. The president brushed aside concerns about store shelves being empty, including those selling toys.
&#8220;Well, maybe the children will have two dolls instead of 30 dolls,&#8221; Trump&nbsp;<a href="https://x.com/atrupar/status/1917634685745668399" target="_blank" rel="noreferrer noopener">said</a>. &#8220;And maybe the two dolls will cost a couple of bucks more than they would normally.&#8221;
Trump said ships from China are &#8220;loaded with stuff we don&#8217;t need.&#8221;
The president's latest comments underscore his administration's stance that more items should be manufactured in the U.S., even if they cost consumers more.
In an interview with <a href="https://www.cnbc.com/2025/05/06/mattel-ceo-toy-manufacturing-trump-tariffs.html?taid=681a117181b2ac000143d7fb&amp;utm_campaign=trueanthem&amp;utm_content=main&amp;utm_medium=social&amp;utm_source=twitter">CNBC</a>, Kreiz downplayed the notion of Mattel bringing manufacturing to America, a goal of Trump's with tariffs. "We don't see that happening," he said.
Kreiz noted that portions of the toymaking process, such as design, development, product engineering and brand management, occur in America.
Mattel has been working on diversifying its global manufacturing for nearly 10 years to lower its dependence on China. Kreiz said in two years, no country will handle 25% or more of the company's sourcing, including China, which will represent around 540% at the end of 2025.
While Mattel aims to keep many of its prices under $20, the company will raise prices on many items to offset the rising prices.
"To continue to create a quality product and find the balance of price and value all in the service of the consumer," Kreiz added.
With the price increases, time will tell if Trump was right about Americans being willing to pay a few dollars more. 
Read Also: <a href="https://www.benzinga.com/general/entertainment/25/05/45201601/trump-wants-movies-made-in-america-again-heres-what-tariffs-on-films-could-mean-for-disney-netflix-stock">Trump Wants &#8216;Movies Made In America Again&#8217;: Here&#8217;s What Tariffs On Films Could Mean For Disney, Netflix Stock</a>
Why It's Important: Toy companies like Mattel and Hasbro Inc. (NASDAQ: HAS) face tough times ahead of the Christmas shopping season.
As Benzinga previously reported, China produces around 80% of all toys, and many holiday season toys take four to five months to manufacture, package, and ship to the United States, all steps that have been mostly put on pause in the region.
Trump's comment about children only needing two dolls went viral online. White House senior advisor Stephen Miller <a href="https://www.benzinga.com/news/25/05/45184813/stephen-miller-says-americans-will-pay-more-for-better-made-toys-amid-trump-tariff-fallout-as-indust" target="_blank" rel="noopener">also told the media</a> that Americans will be willing to pay more for toys made in America, citing safety and quality concerns about toys made in China.
Talk show host Jon Stewart poked fun at Trump's toy comments during a recent episode of "The Daily Show," as reported by <a href="https://variety.com/2025/tv/news/jon-stewar-donald-trump-pencils-dolls-the-daily-show-1236388062/">Variety</a>.
"I have a niece. 11 years old. Loves dolls. I was going to get her 20 or 30 of them for her birthday, just to see the joy of a child. You can't put a price tag on that," Stewart said.
Stewart then played the clip of Trump saying kids needed fewer dolls.
"It's just not that many dolls," Stewart added. "Sure, she can have a small tea party with her dolls. But her dream had been a quasi-realistic ‘Conclave' reenactment with dolls. That's what she wanted!"
MAT Price Action: Mattel stock was up 1.4% to $16.43 on Tuesday, compared to a 52-week trading range of $13.95 to $22.07. However, it is down 7.4% year-to-date in 2025.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/25/02/43827291/exclusive-will-trumps-tariffs-hurt-or-help-stock-market-59-say-this">EXCLUSIVE: Will Trump&#8217;s Tariffs Hurt Or Help Stock Market? 59% Say This…</a></li>
</ul>
Photo: Shutterstock

Politics

Trading Ideas

Trump's Tariffs Hit Mattel's Barbies: Will Americans Pay 'A Couple Of Bucks More' As President Predicts?

Parents and grandparents looking to fill Christmas stockings this year might find themselves facing a frustrating surprise: <a href="https://www.benzinga.com/news/global/25/04/45017240/covid-like-shortages-empty-shelves-expected-thanks-to-trump-tariffs-experts-say">empty toy shelves</a>. Thanks to a trade war sparked by steep import tariffs imposed by President Donald Trump, the usual holiday toy hunt could turn into a scramble
Trump, also a grandparent, suggested kids will probably just do fine with fewer toys.
What Happened: The president&#8217;s response to a recent question from a journalist about <a href="https://www.benzinga.com/news/global/25/02/43442219/why-beer-tequila-avocados-cars-iphone-prices-could-rise-trumps-tariffs-on-canada-mexico-china-to-hurt-several-sectors">U.S. tariffs on China </a>could provide an early warning of what Christmas could look like if things don't change.
Trump said China has made over a trillion dollars selling the United States things they don't need. The president brushed aside concerns about shelves being empty in stores, including those selling toys.
"Well, maybe the children will have two dolls instead of 30 dolls," Trump <a href="https://x.com/atrupar/status/1917634685745668399">said</a>. "And maybe the two dolls will cost a couple of bucks more than they would normally."
Trump said ships from China are "loaded with stuff we don't need."
The president&#8217;s latest comments underscore his administration&#8217;s stance that more items should be manufactured in the United States, even if they cost consumers more.
Major toy companies could suffer this Christmas with less product on the shelves and potentially higher prices for consumers to offset tariffs.
Public toy companies include Mattel Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MAT#NASDAQ">MAT</a>), Hasbro Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HAS#NASDAQ">HAS</a>) and Jakks Pacific (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JAKK#NASDAQ">JAKK</a>). Trump's comments about dolls could apply to several companies including Mattel, owner of the Barbie brand.
Read Also:<a href="https://www.benzinga.com/news/25/04/45026885/billionaire-richard-branson-criticizes-trumps-tariff-decisions-world-was-on-the-verge-of-a-complete"> Billionaire Richard Branson Criticizes Trump&#8217;s Tariff Decisions: &#8216;World Was On The Verge Of A Complete Meltdown&#8217;</a>
Why It's Important: A New York Times <a href="https://www.nytimes.com/2025/04/29/business/trump-tariffs-christmas-china.html">report </a>said toy makers and toy stores are pausing orders for the year-end holiday season, with tariff concerns now taking center stage.
China produces around 80% of all toys and 90% of all Christmas goods sold in America, according to the report. With tariffs of up to 145% currently in place on China, companies are not ready to pay these higher prices now, which could put the Christmas season in jeopardy.
Items like Christmas trees, Christmas decorations and toys take four to five months to manufacture, package and ship to the United States, all steps that have been put mostly on pause in the region.
"We have a frozen supply chain that is putting Christmas at risk," Toy Association CEO Greg Ahearn said. "If we don't start production soon, there's a high probability of a toy shortage this holiday season."
Ahearn said he has pushed the White House administration for a 24-month reprieve that could give toy companies more opportunities to find ways to manufacture their products in the United States.
Barring any changes to the tariffs on China and the pause to the toy sector and Christmas decorations sector, Christmas could look significantly different for many Americans this year.
There could be fewer presents under the tree, and those will all likely cost more.
Toy companies could begin cutting guidance or sounding cautious on upcoming earnings reports, which is an item that will be closely monitored by analysts and investors.
Did You Know?
<ul>
<li>Congress Is Making Huge Investments. <a href="https://www.benzinga.com/gov-trades/?utm_source=BZprocontent050125">Get Tips On What They Bought And Sold With Our Easy-to-Use Tool</a></li>
</ul>
Photo: Shutterstock

JAKK

Trump A Grinch Or Santa For Christmas? 'Children Will Have Two Dolls Instead Of 30 Dolls'

Providing a diverse range of perspectives from bullish to bearish, 4 analysts have published ratings on Hasbro (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HAS#NASDAQ">HAS</a>) in the last three months.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">2</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $78.25, with a high estimate of $84.00 and a low estimate of $72.00. Observing a 2.52% increase, the current average has risen from the previous average price target of $76.33. 
<img src="https://www.benzinga.com/files/images/story/2025/1745582426_0.png" alt="price target chart" />
<h2>Investigating Analyst Ratings: An Elaborate Study</h2>
In examining recent analyst actions, we gain insights into how financial experts perceive Hasbro. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
&#x7C; Analyst &#x7C; Analyst Firm &#x7C; Action Taken &#x7C; Rating &#x7C;Current Price Target&#x7C; Prior Price Target &#x7C; 
&#x7C;--------------------&#x7C;--------------------&#x7C;---------------&#x7C;---------------&#x7C;--------------------&#x7C;--------------------&#x7C; 
&#x7C;James Hardiman &#x7C;Citigroup &#x7C;Announces &#x7C;Buy &#x7C; $72.00&#x7C;- &#x7C; 
&#x7C;Linda Bolton Weiser &#x7C;DA Davidson &#x7C;Raises &#x7C;Neutral &#x7C; $75.00&#x7C;$73.00 &#x7C; 
&#x7C;Megan Alexander &#x7C;Morgan Stanley &#x7C;Lowers &#x7C;Overweight &#x7C; $84.00&#x7C;$88.00 &#x7C; 
&#x7C;Eric Handler &#x7C;Roth MKM &#x7C;Raises &#x7C;Buy &#x7C; $82.00&#x7C;$68.00 &#x7C;
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Hasbro. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Hasbro compared to the broader market.</li>
<li>Price Targets: Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.</li>
</ul>
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Hasbro's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/HAS/analyst-ratings?adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Stay up to date on Hasbro analyst ratings.</a>
<h2>Delving into Hasbro's Background</h2>
Hasbro is a branded play company providing children and families around the world with entertainment offerings based on a world-class brand portfolio. From toys and games to television programming, motion pictures, and a licensing program, Hasbro reaches customers by leveraging its well-known brands such as Transformers, Nerf, and Magic: The Gathering. The firm acquired EOne in 2019, bolting on popular family properties like Peppa Pig and PJ Masks, and since has pruned noncore lines from the tie-up. Furthermore, the addition of Dungeons &amp; Dragons Beyond in 2022, offers the firm access to 19 million digital tabletop players.
<h3>Unraveling the Financial Story of Hasbro</h3>
Market Capitalization Analysis: Above industry benchmarks, the company's market capitalization emphasizes a noteworthy size, indicative of a strong market presence.
Revenue Challenges: Hasbro's revenue growth over 3M faced difficulties. As of 31 December, 2024, the company experienced a decline of approximately -14.53%. This indicates a decrease in top-line earnings. When compared to others in the Consumer Discretionary sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of -3.11%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of -2.81%, the company showcases effective utilization of equity capital.
Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of -0.51%, the company showcases effective utilization of assets.
Debt Management: With a high debt-to-equity ratio of 2.95, Hasbro faces challenges in effectively managing its debt levels, indicating potential financial strain.
<h2>Analyst Ratings: What Are They?</h2>
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

Analyst Ratings

Forecasting The Future: 4 Analyst Projections For Hasbro

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li>Fermium Research analyst Frank Mitsch upgraded the rating for Dow Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DOW#NYSE">DOW</a>) from Hold to Buy and maintained the price target of $35. Dow shares closed at $29.76 on Thursday. <a href="https://www.benzinga.com/quote/DOW/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Keybanc analyst Bradley Thomas upgraded Lowe&#8217;s Companies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LOW#NYSE">LOW</a>) from Sector Weight to Overweight and maintained the price target of $266. Lowe&#8217;s shares closed at $222.05 on Thursday. <a href="https://www.benzinga.com/quote/LOW/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Citigroup analyst James Hardiman upgraded the rating for Hasbro, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HAS#NASDAQ">HAS</a>) from Neutral to Buy and announced a $72 price target. Hasbro shares closed at $60.37 on Thursday. <a href="https://www.benzinga.com/quote/HAS/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Keybanc analyst Bradley Thomas upgraded the rating for Williams-Sonoma, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WSM#NYSE">WSM</a>) from Sector Weight to Overweight and maintained the price target of $181. Williams-Sonoma shares closed at $151.40 on Thursday. <a href="https://www.benzinga.com/quote/WSM/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>UBS analyst Faham Baig upgraded Philip Morris International Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PM#NYSE">PM</a>) from Sell to Neutral and raised the price target from $130 to $170. Philip Morris shares closed at $170.07 on Thursday.  <a href="https://www.benzinga.com/quote/PM/analyst-ratings">See how other analysts view this stock.</a></li>
</ul>
Considering buying LOW stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="595" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/25072007/image-172-1024x595.png" alt="" class="wp-image-888508" style="width:576px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/25072007/image-172-1024x595.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/25072007/image-172-300x174.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/25072007/image-172-768x446.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/25072007/image-172.png 1072w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Read This Next: 
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</ul>
Photo via Shutterstock

News

Upgrades

Pre-Market Outlook

Markets

This Lowe's Analyst Turns Bullish; Here Are Top 5 Upgrades For Friday

Citigroup analyst James Hardiman upgrades Hasbro (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HAS#NASDAQ">HAS</a>) from Neutral to Buy and announces $72 price target.

Price Target

Citigroup Upgrades Hasbro to Buy, Announces $72 Price Target

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 <a href="https://www.benzinga.com/markets">tensions boosts risk sentiment.</a>
Positive quarterly results and robust guidance from U.S. firms is fueling hopes the economy can weather the ongoing tariff headwinds and avoid a recession.
Meanwhile, signs of a potential thaw in the U.S.-China trade conflict emerged, with the White House reportedly considering exceptions for certain Chinese auto parts.
At midday trading in New York, the Nasdaq 100 surged 2.2%, climbing above the 19,000 mark for the first time in two weeks. The S&amp;P 500 advanced 1.5%, while the Dow Jones Industrial Average underperformed, rising 0.9%.
Technology stocks broadly outperformed, with strength concentrated in the Magnificent Seven and the semiconductor space.
Among major movers, ServiceNow Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NOW#NASDAQ">NOW</a>) soared 15% after reporting results that beat Wall Street expectations and issuing bullish forward guidance. In contrast, shares of International Business Machines Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBM#NYSE">IBM</a>) slumped 8% as the tech giant showed lower-than-expected non-GAAP earnings. 
In the consumer staples sector, Procter &amp; Gamble (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PG#NYSE">PG</a>) dropped more than 5% after missing revenue estimates.
Treasury yields continued to ease, with yields on the 10-year Treasury down 5 basis points to 4.33%. 
Gold rebounded modestly after suffering a 2.7% slide on Wednesday. Natural gas prices extended their losing streak, plunging 4.9% and heading for a tenth consecutive negative session. 
In the crypto market, Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) eased 0.5% to trade at $93,300. 
<h2 class="wp-block-heading">Thursday&#8217;s Performance In Major US Indices, ETFs</h2>
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Major Indices</td>
<td>Price</td>
<td>%</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>19,095.73</td>
<td>2.2%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>5,456.36</td>
<td>1.5%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>1,943.95</td>
<td>1.3%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>39,944.47</td>
<td>0.9%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated by 12:15 p.m. ET</figcaption></figure>
According to&nbsp;<a href="https://www.benzinga.com/pro/?utm_source=BZprocontent&amp;t=be2bearmibe3na1">Benzinga Pro</a>&nbsp;data:
<ul>
<li>The&nbsp;SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) rose 1.5% up to $543.71.</li>
<li>The&nbsp;SPDR Dow Jones Industrial Average&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>) rose 0.9% to $399.51.</li>
<li>The tech-heavy&nbsp;Invesco QQQ Trust Series&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>)&nbsp;rallied 2.1% to $464.72.</li>
<li>The&nbsp;iShares Russell 2000 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) rallied 1.5% to $193.08.</li>
<li>The&nbsp;Technology&nbsp;Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLK#NYSE">XLK</a>) outperformed, up 3%; the&nbsp;Consumer Staples&nbsp;Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLP#NYSE">XLP</a>) lagged, down 0.8%.</li>
</ul>
<h2 class="wp-block-heading">Thursday&#8217;s Stock Movers</h2>
Stocks reacting to earnings included: 
<ul>
<li>Chipotle Mexican Grill, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMG#NYSE">CMG</a>): up 0.6%</li>
<li>O'Reilly Automotive, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ORLY#NASDAQ">ORLY</a>): down 3.1%</li>
<li>Raymond James Financial, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RJF#NYSE">RJF</a>): up 0.7%</li>
<li>Molina Healthcare, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MOH#NYSE">MOH</a>): down 6.4%</li>
<li>Texas Instruments Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TXN#NASDAQ">TXN</a>): up 6.0%</li>
<li>FirstEnergy Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FE#NYSE">FE</a>): up 0.4%</li>
<li>ServiceNow, Inc. up 14.9%</li>
<li>Lam Research Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LRCX#NASDAQ">LRCX</a>): up 5.5%</li>
<li>ResMed Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RMD#NYSE">RMD</a>): up 10.0%</li>
<li>Discover Financial Services (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DFS#NYSE">DFS</a>): up 3.6%</li>
<li>International Business Machines Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBM#NYSE">IBM</a>): down 7.6%</li>
<li>Newmont Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEM#NYSE">NEM</a>): up 3.6%</li>
<li>Rollins, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ROL#NYSE">ROL</a>): up 1.2%</li>
<li>United Rentals, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/URI#NYSE">URI</a>): up 8.9%</li>
<li>Tyler Technologies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TYL#NYSE">TYL</a>): down 3.0%</li>
<li>Edwards Lifesciences Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EW#NYSE">EW</a>): up 7.1%</li>
<li>Las Vegas Sands Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LVS#NYSE">LVS</a>): up 5.2%</li>
<li>Alaska Air Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALK#NYSE">ALK</a>): down 9.7%</li>
<li>American Airlines Group Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAL#NASDAQ">AAL</a>): up 2.3%</li>
<li>PepsiCo, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEP#NASDAQ">PEP</a>): down 4.1%</li>
<li>CBRE Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CBRE#NYSE">CBRE</a>): up 2.5%</li>
<li>Entergy Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ETR#NYSE">ETR</a>): up 0.4%</li>
<li>The Procter &amp; Gamble Company: down 5.3%</li>
<li>Bristol-Myers Squibb Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BMY#NYSE">BMY</a>): down 0.2%</li>
<li>Southwest Airlines Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LUV#NYSE">LUV</a>): down 0.2%</li>
<li>Valero Energy Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VLO#NYSE">VLO</a>): down 1.8%</li>
<li>Comcast Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMCSA#NASDAQ">CMCSA</a>): down 5.3%</li>
<li>Dow Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DOW#NYSE">DOW</a>): up 2.1%</li>
<li>Willis Towers Watson Public Limited Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WTW#NASDAQ">WTW</a>): down 5.2%</li>
<li>Tractor Supply Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSCO#NASDAQ">TSCO</a>): down 4.8%</li>
<li>Hasbro, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HAS#NASDAQ">HAS</a>): up 16.1%</li>
<li>CMS Energy Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMS#NYSE">CMS</a>): up 2.3%</li>
<li>Xcel Energy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XEL#NASDAQ">XEL</a>): down 1.8%</li>
<li>CenterPoint Energy, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNP#NYSE">CNP</a>): up 1.8%</li>
<li>LKQ Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LKQ#NASDAQ">LKQ</a>): down 10.7%</li>
<li>PG&amp;E Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PCG#NYSE">PCG</a>): down 0.8%</li>
<li>Keurig Dr Pepper Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KDP#NASDAQ">KDP</a>): down 0.6%</li>
<li>Freeport-McMoRan Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FCX#NYSE">FCX</a>): up 5.5%</li>
<li>Merck &amp; Co., Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MRK#NYSE">MRK</a>): down 0.6%</li>
<li>Nasdaq, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NDAQ#NASDAQ">NDAQ</a>): down 0.4%</li>
<li>L3Harris Technologies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LHX#NYSE">LHX</a>): up 0.4%</li>
<li>Pool Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/POOL#NASDAQ">POOL</a>): down 6.1%</li>
<li>Dover Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DOV#NYSE">DOV</a>): up 1.8%</li>
<li>West Pharmaceutical Services, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WST#NYSE">WST</a>): down 2.2%</li>
<li>Ameriprise Financial, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMP#NYSE">AMP</a>): down 0.2%</li>
<li>Fiserv, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FI#NYSE">FI</a>): down 16.4%</li>
<li>The Interpublic Group of Companies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IPG#NYSE">IPG</a>): up 3.4%</li>
<li>Allegion plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALLE#NYSE">ALLE</a>): up 9.7%</li>
<li>Union Pacific Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNP#NYSE">UNP</a>): down 3.1%</li>
</ul>
Stocks slated to report earnings after the bell include T-Mobile US, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TMUS#NASDAQ">TMUS</a>), VeriSign, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRSN#NASDAQ">VRSN</a>), Eastman Chemical Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EMN#NYSE">EMN</a>), Principal Financial Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PFG#NASDAQ">PFG</a>), Physicians Realty Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DOC#NYSE">DOC</a>), The Hartford Financial Services Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HIG#NYSE">HIG</a>), Weyerhaeuser Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WY#NYSE">WY</a>), Republic Services, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RSG#NYSE">RSG</a>), Digital Realty Trust, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DLR#NYSE">DLR</a>), Gilead Sciences, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GILD#NASDAQ">GILD</a>), Erie Indemnity Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ERIE#NASDAQ">ERIE</a>), Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>), and Intel Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>).
Read also: 
<ul>
<li><a href="https://www.benzinga.com/25/04/44985682/apples-ai-delays-rising-cost-pressures-trigger-price-target-cut-from-bank-of-america">Apple AI Delays, Rising Cost Pressures Trigger Price Target Cut From Bank Of America</a></li>
</ul>
Photo: Shutterstock

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Select Sector SPDR-Consumer Discretionary

Wall Street Rally Extends Into Third Day: What's Driving Markets Thursday?

U.S. stocks were higher, with the Nasdaq Composite gaining around 300 points on Thursday.
Shares of Texas Instruments Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TXN#NASDAQ">TXN</a>) rose sharply during Thursday's session after the company reported first-quarter financial results and beat its <a href="https://in.benzinga.com/trading-ideas/movers/25/04/44984438/whats-going-on-with-texas-instruments-stock-thursday">EPS and sales estimates</a>.
Texas Instruments reported earnings per share of $1.28, beating analysts' estimate of $1.07. In addition, the company reported sales of $4.07 billion, beating analysts' estimate of $3.91 billion and representing an 11% year-over-year growth.
The company also issued guidance for the second-quarter. It sees earnings per share from $1.21 to $1.47, versus analysts' estimate of $1.23. Furthermore, it sees sales from $4.17 billion to $4.53 billion, versus analysts' estimate of $4.13 billion.
Texas Instruments shares gained 6.3% to $161.75 on Thursday.
Here are some other big stocks recording gains in today's session.
<ul>
<li>TMC the metals company Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TMC#NASDAQ">TMC</a>) shares jumped 31.8% to $3.36 following a Reuters report indicating President Trump is expected to sign an executive order to advance the deep sea mining industry.</li>
<li>Community Health Systems, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CYH#NYSE">CYH</a>) surged 27% to $3.0850 after the company reported better-than-expected first-quarter financial results.</li>
<li>Pony AI Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PONY#NASDAQ">PONY</a>) gained 27% to $6.91 after the announcement that Hesai&#8217;s lidar sensor technology was selected for Pony&#8217;s AI robotaxis.</li>
<li>Ardagh Metal Packaging S.A. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMBP#NYSE">AMBP</a>) rose 25.7% to $3.47 after the company reported a year-over-year increase in first-quarter adjusted EPS results and better-than-expected revenue results. Additionally, the company raised its FY25 adjusted EBITDA guidance.</li>
<li>Lufax Holding Ltd (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LU#NYSE">LU</a>) gained 18.8% to $3.1150.</li>
<li>Impinj, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PI#NASDAQ">PI</a>) jumped 18% to $90.98 after the company reported better-than-expected first-quarter financial results and issued second-quarter guidance above estimates.</li>
<li>Hasbro, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HAS#NASDAQ">HAS</a>) gained 15% to $60.60 after the company reported better-than-expected quarterly financial results.</li>
<li>ServiceNow, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOW#NYSE">NOW</a>) jumped 14.7% to $932.10 after the company reported better-than-expected quarterly financial results.</li>
<li>Allegion plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALLE#NYSE">ALLE</a>) gained 10.7% to $139.94 following a first-quarter adjusted EPS and revenue beat.</li>
<li>ResMed Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RMD#NYSE">RMD</a>) gained 10.2% to $236.36 after the company reported better-than-expected quarterly adjusted EPS results. Also, Keybanc maintained an Overweight rating on the stock and raised its price target from $269 to $274.</li>
<li>Lattice Semiconductor Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LSCC#NASDAQ">LSCC</a>) gained 10% to $48.27.</li>
<li>Microchip Technology Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCHP#NASDAQ">MCHP</a>) jumped 9.6% to $45.96.</li>
<li>CACI International Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CACI#NYSE">CACI</a>) gained 9.5% to $463.80 after the company reported better-than-expected third-quarter financial results and raised its FY25 guidance.</li>
<li>AST SpaceMobile, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASTS#NASDAQ">ASTS</a>) rose 8.7% to $24.39.</li>
<li>United Rentals, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/URI#NYSE">URI</a>) gained 8.5% to $639.25 after the company reported better-than-expected quarterly sales results.</li>
</ul>
Now Read This: 
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<li><a href="https://www.benzinga.com/trading-ideas/short-ideas/25/04/44948767/top-2-consumer-stocks-that-may-implode-this-month">Top 2 Consumer Stocks That May Implode This Month</a></li>
</ul>

Intraday Update

Movers

AMBP

ASTS

CACI

LSCC

MCHP

PONY

Texas Instruments Posts Better-Than-Expected Results, Joins Community Health Systems, Hasbro, ServiceNow, ResMed And Other Big Stocks Moving Higher On Thursday

Hasbro Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HAS#NASDAQ">HAS</a>), the maker of popular games like Monopoly and Jenga, reported its first-quarter FY25 earnings on Thursday.
The company reported a <a target="_blank" href="https://www.benzinga.com/pressreleases/25/04/b44974364/hasbro-reports-first-quarter-2025-financial-results" rel="noreferrer noopener">first-quarter revenue</a> jump of 17.14% year-on-year to $887.10 million, beating the analyst consensus estimate of $771.15 million.
Adjusted EPS of $1.04 <a target="_blank" href="https://www.benzinga.com/earnings" rel="noreferrer noopener">beat the consensus</a> estimate of $0.67.
Segment Revenue: Consumer Products declined 4%, Wizards of the Coast and Digital Gaming surged 46%, and entertainment segment revenues decreased 5%.
Selling, distribution, and administration costs climbed 14.8%. The operating margin expanded 390 basis points to 19.2%, and operating income for the quarter surged 46.9% to $170.7 million.
Adjusted EBITDA for the quarter jumped to $274.3 million versus $172.8 million last year.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/25/04/44961625/fda-targets-synthetic-food-dyes-in-sweeping-nutrition-overhaul" rel="noreferrer noopener">FDA Targets Synthetic Food Dyes In Sweeping Nutrition Overhaul</a>
In the first quarter, Hasbro paid $98 million in cash dividends to shareholders. The Board of Directors has declared a quarterly cash dividend of $0.70 per common share, payable on June 4, 2025, to shareholders of record at the close of business on May 21, 2025.
As of March end, the company held $621.1 million in cash and equivalents. Operating cash flow for the quarter totaled $138 million. Hasbro-owned inventory was down 12% compared to the prior year.
&#8220;We delivered strong revenue growth and a meaningful profit lift in Q1, driven by a strategic shift toward higher-margin businesses. As we progress toward our $1 billion cost savings goal, the strength of Wizards, licensing, and our asset-light model continues to offset tariff pressures and support margins,&#8221; said Chief Financial Officer and Chief Operating Officer Gina Goetter.
Hasbro said it has renewed its <a target="_blank" href="https://www.benzinga.com/pressreleases/25/04/b44974358/hasbro-extends-long-running-strategic-relationship-with-disney-consumer-products-for-premier-star-" rel="noreferrer noopener">multi-year licensing partnership </a>with Disney Consumer Products. The extended agreement ensures Hasbro will keep producing creative toys and games tied to franchises like Star Wars and Marvel.
Outlook: Hasbro sees FY25 revenue <a target="_blank" href="https://www.benzinga.com/25/02/43847506/toy-maker-hasbros-q4-beat-estimates-as-demand-for-games-remains-strong" rel="noreferrer noopener">up slightly in constant currency</a>. The company expects FY25 adjusted EBITDA of $1.1 billion – $1.15 billion and an adjusted&nbsp;operating margin of 21% – 22%.
Price Action: HAS shares traded higher by 7.74% at $56.77 in premarket at last check Thursday.
Read Next:
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<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/04/44963985/automakers-are-struggling-with-tariffs-and-ev-competition-say-analysts" target="_blank" rel="noreferrer noopener">Automakers Are Struggling With Tariffs And EV Competition, Say Analysts</a></li>
</ul>
Photo by LightField Studios via Shutterstock

Earnings

Guidance

General

Jenga And Monopoly Maker Hasbro CFO Says Cost Savings And Margin Growth Will Offset Tariff Impact

<h3>Gainers</h3>
<ul>
<li>Wag Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PET#NASDAQ">PET</a>) shares moved upwards by 51.0% to $0.17 during Thursday's pre-market session. The market value of their outstanding shares is at $8.4 million. </li>
<li>Linkage Global (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LGCB#NASDAQ">LGCB</a>) shares moved upwards by 21.8% to $2.29. The market value of their outstanding shares is at $7.0 million. </li>
<li>Foresight Autonomous (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FRSX#NASDAQ">FRSX</a>) stock rose 12.1% to $0.75. The company's market cap stands at $14.2 million. </li>
<li>Birks Group (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/BGI#AMEX">BGI</a>) shares increased by 8.24% to $1.05. The market value of their outstanding shares is at $20.1 million. </li>
<li>SharpLink Gaming (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBET#NASDAQ">SBET</a>) shares moved upwards by 7.95% to $0.24. The market value of their outstanding shares is at $1.6 million. </li>
<li>Hasbro (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HAS#NASDAQ">HAS</a>) shares increased by 7.8% to $56.8. The market value of their outstanding shares is at $7.9 billion. The company's, Q1 earnings came out today. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Greenlane Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GNLN#NASDAQ">GNLN</a>) stock declined by 91.8% to $0.02 during Thursday's pre-market session. </li>
<li>Autozi Internet Tech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AZI#NASDAQ">AZI</a>) stock declined by 25.1% to $0.76. The market value of their outstanding shares is at $80.5 million. </li>
<li>Damon (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DMN#NASDAQ">DMN</a>) stock declined by 12.2% to $0.0. The market value of their outstanding shares is at $2.8 million. </li>
<li>TAL Education (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TAL#NYSE">TAL</a>) shares decreased by 10.57% to $9.82. The market value of their outstanding shares is at $5.9 billion. The company's, Q4 earnings came out today. </li>
<li>Torrid Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CURV#NYSE">CURV</a>) stock fell 9.87% to $5.21. The market value of their outstanding shares is at $545.7 million. </li>
<li>Hall Of Fame Resort (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOFV#NASDAQ">HOFV</a>) stock fell 9.82% to $0.72. The company's market cap stands at $4.7 million. 
See Also: <a href="http://www.benzinga.com/money/best-consumer-cyclical-stocks/" title="www.benzinga.com/money/best-consumer-cyclical-stocks/">www.benzinga.com/money/best-consumer-cyclical-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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12 Consumer Discretionary Stocks Moving In Thursday's Pre-Market Session

WIIM

Hasbro shares are trading higher after the company reported better-than-expected Q1 financial results

Hasbro Announces Multi-Year Extension With Disney For Star Wars And Marvel Franchises Products

Hasbro (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HAS#NASDAQ">HAS</a>) reported quarterly earnings of $1.04 per share which beat the analyst consensus estimate of $0.67 by 55.22 percent. This is a 70.49 percent increase over earnings of $0.61 per share from the same period last year. The company reported quarterly sales of $887.10 million which beat the analyst consensus estimate of $771.15 million by 15.04 percent. This is a 17.14 percent increase over sales of $757.30 million the same period last year.

Earnings Beats

Hasbro Q1 Adj. EPS $1.04 Beats $0.67 Estimate, Sales $887.10M Beat $771.15M Estimate

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Earnings Scheduled For April 24, 2025

Hasbro (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HAS#NASDAQ">HAS</a>) is gearing up to announce its quarterly earnings on Thursday, 2025-04-24. Here's a quick overview of what investors should know before the release.
Analysts are estimating that Hasbro will report an earnings per share (EPS) of $0.69.
Investors in Hasbro are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.
It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.
<h3>Historical Earnings Performance</h3>
In the previous earnings release, the company beat EPS by $0.11, leading to a 2.17% drop in the share price the following trading session.
Here's a look at Hasbro's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q4 2024</th>
<th>Q3 2024</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.35</td>
<td>1.28</td>
<td>0.78</td>
<td>0.27</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.46</td>
<td>1.73</td>
<td>1.22</td>
<td>0.61</td>
</tr>
<tr>
<td>Price Change %</td>
<td>-2.0%</td>
<td>0.0%</td>
<td>4.0%</td>
<td>-0.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2025/1745431347_0.png" alt="eps graph" />
<h3>Hasbro Share Price Analysis</h3>
Shares of Hasbro were trading at $52.1 as of April 22. Over the last 52-week period, shares are down 18.53%. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release. 
<h3>Analyst Views on Hasbro</h3>
Understanding market sentiments and expectations within the industry is crucial for investors. This analysis delves into the latest insights on Hasbro.
The consensus rating for Hasbro is Buy, based on 3 analyst ratings. With an average one-year price target of $80.33, there's a potential 54.18% upside.
<h3>Comparing Ratings with Competitors</h3>
The below comparison of the analyst ratings and average 1-year price targets of Mattel, Acushnet Holdings and Brunswick, three prominent players in the industry, gives insights for their relative performance expectations and market positioning.
<ul>
<li>Analysts currently favor an Buy trajectory for Mattel, with an average 1-year price target of $27.0, suggesting a potential 48.18% downside.</li>
<li>Analysts currently favor an Outperform trajectory for Acushnet Holdings, with an average 1-year price target of $71.0, suggesting a potential 36.28% upside.</li>
<li>Analysts currently favor an Buy trajectory for Brunswick, with an average 1-year price target of $73.5, suggesting a potential 41.07% upside.</li>
</ul>
<h3>Snapshot: Peer Analysis</h3>
The peer analysis summary presents essential metrics for Mattel, Acushnet Holdings and Brunswick, unveiling their respective standings within the industry and providing valuable insights into their market positions and comparative performance.

<table>
<thead>
<tr>
<th>Company</th>
<th>Consensus</th>
<th>Revenue Growth</th>
<th>Gross Profit</th>
<th>Return on Equity</th>
</tr>
</thead>
<tbody>
<tr>
<td>Hasbro</td>
<td>Buy</td>
<td>-14.53%</td>
<td>$662.90M</td>
<td>-2.81%</td>
</tr>
<tr>
<td>Mattel</td>
<td>Buy</td>
<td>1.59%</td>
<td>$835.47M</td>
<td>6.16%</td>
</tr>
<tr>
<td>Acushnet Holdings</td>
<td>Outperform</td>
<td>7.80%</td>
<td>$100.66M</td>
<td>-0.14%</td>
</tr>
<tr>
<td>Brunswick</td>
<td>Buy</td>
<td>-15.20%</td>
<td>$253.20M</td>
<td>-4.20%</td>
</tr>
</tbody>
</table>

Key Takeaway:
Hasbro ranks at the bottom for Revenue Growth and Gross Profit, indicating lower performance in these areas compared to its peers. However, it ranks in the middle for Return on Equity, suggesting a moderate level of profitability relative to others.
<h3>Delving into Hasbro's Background</h3>
Hasbro is a branded play company providing children and families around the world with entertainment offerings based on a world-class brand portfolio. From toys and games to television programming, motion pictures, and a licensing program, Hasbro reaches customers by leveraging its well-known brands such as Transformers, Nerf, and Magic: The Gathering. The firm acquired EOne in 2019, bolting on popular family properties like Peppa Pig and PJ Masks, and since has pruned noncore lines from the tie-up. Furthermore, the addition of Dungeons &amp; Dragons Beyond in 2022, offers the firm access to 19 million digital tabletop players.
<h3>Key Indicators: Hasbro's Financial Health</h3>
Market Capitalization: Positioned above industry average, the company's market capitalization underscores its superiority in size, indicative of a strong market presence.
Decline in Revenue: Over the 3 months period, Hasbro faced challenges, resulting in a decline of approximately -14.53% in revenue growth as of 31 December, 2024. This signifies a reduction in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Consumer Discretionary sector.
Net Margin: Hasbro's net margin is impressive, surpassing industry averages. With a net margin of -3.11%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): Hasbro's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of -2.81%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): Hasbro's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of -0.51%, the company showcases efficient use of assets and strong financial health.
Debt Management: Hasbro's debt-to-equity ratio stands notably higher than the industry average, reaching 2.95. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.
<a href="https://www.benzinga.com/quote/HAS/earnings">To track all earnings releases for Hasbro visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Uncovering Potential: Hasbro's Earnings Preview

Every two years, Star Wars holds its Celebration <a href="https://www.benzinga.com/general/entertainment/23/04/31734634/may-the-force-be-with-disneys-star-wars-future-new-movies-tv-shows-and-the-return-of-daisy-">multi-day event </a>that provides a look at what's to come for the well-known franchise across television, movies, video games and more.
Here's a look at the highlights from the Star Wars Celebration event in Japan held over the weekend.
Television: Since Walt Disney Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIS#NYSE">DIS</a>) <a href="https://www.benzinga.com/general/entertainment/23/07/33170350/if-you-invested-1-000-in-disney-stock-when-it-acquired-lucasfilm-think-indiana-jones-star-w">acquired Lucasfilm in 2012</a> for $4.05 billion, the franchise has proven valuable for movies on the big screen and for television series to boost the presence of the Disney+ streaming platform.
Disney used Celebration to <a href="https://www.starwars.com/news/star-wars-celebration-2025-roundup">highlight </a>its upcoming second and final season of "Andor," which has a three-episode premiere on Disney+ on April 22.
The Celebration event also featured a look at a second season of "Ahsoka," which does not have a current release date. Hayden Christensen was confirmed to reprise his role as Anakin Skywalker from past movies in the upcoming season of the Disney+ series.
Lego Star Wars series "Lego Star Wars Rebuild the Galaxy: Pieces of the Past" has a second season coming to Disney+ on Sept. 19.
Animated series "Star Wars: Maul – Shadow Lord" will be the next series to feature fan favorite Sith lord, Darth Maul. The series is set for a 2026 release on Disney+.
A third season of "Young Jedi Adventures" is also set for release on Disney+ in the fall. The series is aimed at a younger crowd of future Star Wars fans and has been a consumer products and licensing hit for Disney.
Read Also:<a href="https://www.benzinga.com/general/entertainment/24/05/38629787/may-the-fourth-be-with-you-the-history-of-the-star-wars-holiday-new-shows-and-movies-coming"> May The Fourth Be With You: The History Of The Star Wars Holiday, New Shows And Movies Coming Up, And Top Deals For Fans</a>
Movies: One of the larger features of the Star Wars Celebration event was a focus on the upcoming "The Mandalorian and Grogu" film, set for a May 22, 2026 theatrical release date.
The new film marks the first theatrical Star Wars release since 2019. &#8220;The Rise of Skywalker,&#8221; the last feature-length film in the series, grossed $515.2 million domestically and $1.07 billion worldwide. The 2018 release &#8220;Solo: A Star Wars Story&#8221; grossed $213.8 million domestically and $392.9 million worldwide.
The film brings popular characters from the series "The Mandalorian" to the big screen, including Grogu, also known as "Baby Yoda."
Star Wars management also announced "Star Wars: Starfighter" is the next film to enter production, set to begin in the fall and with a theatrical release date of May 28, 2027.
The film comes from Shawn Levy, who has worked on hit franchises like "Deadpool" and "Stranger Things." The film will star Ryan Gosling, who showed off his early Star Wars fandom at the Celebration event with pictures of his old Star Wars bedding as a child.
Star Wars also gave quick updates that there are other films in development, including a film with Daisy Ridley returning as Rey and a new trilogy from Simon Kinberg.
Disney now has Star Wars movies on the calendar for back-to-back years, which along with its Marvel and Pixar franchises could provide some excitement for shareholders and movie theater companies.
Video Games and Toys: Star Wars Celebration also featured panels about upcoming new video game collaborations and toys.
Hasbro Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HAS#NASDAQ">HAS</a>) shared news on upcoming toys and collectibles based on fan favorite Star Wars characters of old and characters from recently released series.
Ubisoft debuted a trailer for the new A Pirate's Fortune story pack for Star Wars Outlaws. The story pack is free to season pass owners of the game or for $14.99.
Star Wars also highlighted a new mixed reality playset that brings podracing to Meta Quest, the mixed reality headset from Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>). Titled "Star Wars: Beyond Victory -A Mixed Reality Playset," the new experience features Sebulba and an immersive podracing experience.
Disney has partnered with the game Fortnite from Epic Games in the past with skins and season features centered on Star Wars, Marvel and Pixar characters. On May 2, a Star Wars takeover in Fortnite begins with the "Imperial Takeover" chapter. The Star Wars collaboration features weekly chapters and will see characters like Emperor Palpatine and Darth Jar Jar as parts of the plot of the new season.
The Star Wars collaboration will end with a live event.
Disney <a href="https://www.benzinga.com/news/earnings/24/02/36993564/disney-invests-1-5b-in-fortnite-owner-epic-games-in-biggest-ever-gaming-entry-posts-q1-earnings-bea">took a $1.5 billion stake </a>in Epic Games back in 2024 and is partnering with the gaming company to create an entertainment universe for the Disney content library in the future.
DIS Price Action: Disney stock is down 2.08% to $8305 on Monday at publication versus a 52-week trading range of $80.10 to $118.63. Disney stock is down 25% over the last year.
Read Next: 
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Photo: <a href="https://www.shutterstock.com/g/Gennadii-1989">Gennadii-1989</a> via Shutterstock

Entertainment

Gaming

Star Wars Highlights TV, New Movie With Ryan Gosling, Fortnite Collab: Will The Force Be With Disney Stock?

BBWI

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DECK

LULU

YETI

Shares of companies in the broader retail and apparel sector are trading lower as stocks pull back after surging Wednesday following President Trump's tariff pause announcement.

BURL

CVNA

GRMN

ROST

SFIX

SHAK

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URBN

WYNN

Shares of broader consumer discretionary stocks are trading higher following President Trump's decision to implement a 90-day pause on reciprocal tariffs for all countries except China.

Numerous public companies have updated their 2025 guidance in response to the Trump administration&#8217;s tariffs on China, Mexico and Canada, but additional tariffs on other countries could have significant impacts, DA Davidson analyst Linda Bolton Weiser warned in a <a href="https://www.benzinga.com/analyst-stock-ratings">new note to clients on Tuesday</a>.
What To Know: President Donald Trump is expected to announce tariffs on potentially trillions of dollars worth of goods imported to the U.S. on Wednesday.
The potential impacts are wide-ranging. Bolton Weiser flagged several names under her coverage umbrella that could be impacted in the Health &amp; Beauty and Leisure space. The analyst noted additional tariffs are &#8220;not reflected in estimates.&#8221;
<ul>
<li>Hasbro Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HAS#NASDAQ">HAS</a>): Neutral rating; has exposure to Vietnam, India and Japan</li>
</ul>
<ul>
<li>Interparfums Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IPAR#NASDAQ">IPAR</a>): Buy rating; produces in France</li>
</ul>
<ul>
<li>Funko Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FNKO#NASDAQ">FNKO</a>): Buy rating; produces in Vietnam</li>
</ul>
<ul>
<li>Mattel Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MAT#NASDAQ">MAT</a>): Buy rating; has exposure to Indonesia, Malaysia, Vietnam and Thailand</li>
</ul>
<ul>
<li>Helen of Troy Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HELE#NASDAQ">HELE</a>): Neutral rating; produces in Vietnam</li>
</ul>
<ul>
<li>e.l.f. Beauty Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ELF#NYSE">ELF</a>): Neutral rating; produces in Thailand</li>
</ul>
<ul>
<li>1-800-FLOWERS.COM Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FLWS#NASDAQ">FLWS</a>): Neutral rating; buys cut flowers from Colombia and Equador</li>
</ul>
Trump is expected to announce reciprocal tariffs on several countries at a White House event at 4 p.m. ET. The Trump administration has said the tariffs could target specific sectors.
The tariff announcements have created uncertainty across markets with the S&amp;P 500 crossing into correction territory last month. The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) was up 0.46% at $563.55 at the time of publication Wednesday, according to <a href="http://pro.benzinga.com">Benzinga Pro</a>. The SPY is still down about 4% year-to-date and well off its highs from February.
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Photo: <a href="https://www.shutterstock.com/g/Jack_the_sparow">Jack_the_sparow</a>/Shutterstock.

Government

FLWS

FNKO

IPAR

Tariff Risk Increases: Analyst Warns Of Additional Impact On Hasbro, Funko, Mattel, E.L.F. Beauty — 'Not Reflected In Estimates'

Toy maker Hasbro Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HAS#NASDAQ">HAS</a>) is tapping into a growing market segment, aiming to appeal to adults and teens, commonly referred to as &#8220;kidults,&#8221; <a target="_blank" href="https://www.wsj.com/articles/move-over-kids-hasbro-wants-adults-to-play-d64e10ea?mod=business_lead_story" rel="noreferrer noopener">reported </a>the Wall Street Journal. These mature customers are driving a surge in toy-related spending, with many shelling out hundreds of dollars on collectibles and intricate playthings.
The report cited that currently, approximately 60% of Hasbro&#8217;s revenue comes from individuals aged 13 and older, prompting the company to concentrate its growth efforts on this particular group.
This move comes after the company <a target="_blank" href="https://www.benzinga.com/25/02/43847506/toy-maker-hasbros-q4-beat-estimates-as-demand-for-games-remains-strong" rel="noreferrer noopener">reported a 15% decline </a>in the fourth-quarter sales.
Recently, Hasbro has introduced a new strategic initiative, &#8216;Playing to Win,&#8217; which will guide the company through 2027.
With a focus on play-driven engagement and collaborative partnerships, Hasbro aims to increase its reach from over 500 million kids, families, and fans today to more than 750 million by 2027.
Also Read: <a target="_blank" href="https://www.benzinga.com/25/03/44327146/whats-going-on-with-palantir-technologies-stock-today" rel="noreferrer noopener">What&#8217;s Going On With Palantir Technologies Stock Today?</a>
The company projects steady mid-single digit revenue growth and expects an annual improvement of 50-100 basis points in operating profit margin through 2027.
By that time, Hasbro anticipates its operational excellence program will generate $1 billion in gross cost savings, with around half of that contributing directly to its bottom line.
Also, Hasbro is optimistic about the impact of Chinese tariffs on its business, as it shifts manufacturing away from China, according to a <a target="_blank" href="https://www.cnbc.com/2025/02/20/hasbro-has-earnings-q4-2024.html" rel="noreferrer noopener">report </a>from CNBC.
The report highlighted that during its fourth-quarter earnings call, CFO Gina Goetter outlined the company&#8217;s 2025 guidance, which includes adjusted EBITDA of $1.1 billion to $1.15 billion, reflecting tariffs on China, Mexico, and Canada.
The report cited that Hasbro aims to reduce the percentage of toys sourced from China from 50% to below 40% in the next two years.
Price Action: HAS shares are trading higher by 0.73% at $59.73 at last check Friday.
Read Next:
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<li><a href="https://www.benzinga.com/25/03/44330842/why-is-visionary-holdings-stock-surging-today" target="_blank" rel="noreferrer noopener">Visionary Holdings Fast-Tracks Battery Swap Expansion As Loan Process Underway</a></li>
</ul>
Photo via Shutterstock.

Media

Hasbro Focuses On Adult Toy Market Amid Declining Sales: Report

Reported Saturday, Hasbro Introduces Nano-mals, Pocket-Sized Electronic Pets Designed For Fun, Fidget Play, And Self-Expression

Legal

Press Releases

Investor Alert: Wolfspeed, Driven Brands Holdings, Hasbro, and ImmunityBio: Johnson Fistel, PLLP Investigates Claims on Behalf of Investors

Molson Coors Nominates Chris Cocks as an Independent Director to Join Its Board of Directors

Hasbro to Announce First Quarter 2025 Earnings on April 24, 2025

Investor Alert: Johnson Fistel, PLLP Investigates Claims on Behalf of Investors in Getty Images, Driven Brands Holdings, Hasbro, and Otter Tail Corporation

Hasbro Extends Long-Running Strategic Relationship with Disney Consumer Products for Premier Star Wars and Marvel Franchises

Hasbro Reports First Quarter 2025 Financial Results

Hasbro to Participate in the J.P. Morgan 53rd Annual Global Technology, Media and Communications Conference

Investor Alert: Wolfspeed, Driven Brands Holdings, Hasbro, and TransMedics: Johnson Fistel, PLLP Investigates Claims on Behalf of Investors

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