Hasbro's Trading Volume Drops 36.46% to $235 Million, Ranks 346th in Market

Generated by AI AgentAinvest Market Brief
Friday, Apr 25, 2025 7:59 pm ET1min read
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On April 25, 2025, Hasbro's trading volume reached $235 million, a 36.46% decrease from the previous day, ranking 346th in the day's stock market. HasbroHAS-- (HAS) rose 1.03%, marking its fourth consecutive day of gains, with a total increase of 18.34% over the past four days.

Hasbro reported its first-quarter 2025 financial results, revealing a 5% decline in revenues due to the timing of deals. The company also reported an operating loss of $11 million.

Hasbro's first-quarter revenue increased by 17% to $887.1 million, driven by growth in its Magic and MonopolyGo segments. The company's adjusted operating profit also saw an increase.

Hasbro's executives have forecasted significant profit cuts due to Trump tariffs, estimating a net profit loss of $60 million to $180 million. The company is also considering layoffs and prioritizing debt reduction.

Hasbro's first-quarter earnings and revenues exceeded estimates, with adjusted earnings per share (EPS) of $1.04. The company's overall revenue increased by 17%, with the Wizards and Digital Gaming segment experiencing a 46% growth.

Hasbro's first-quarter earnings were driven by a 46% surge in its Wizards and Digital Gaming segment, contributing to a 17% revenue increase. The company's "Playing to Win" strategy has shown early success in generating consistent revenue growth.

Hasbro has extended its licensing deal with Disney, allowing the toy company to continue making toys and games for franchises like Marvel and Star Wars. The company maintained its full-year outlook despite uncertainty about the impact of tariffs.

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