Hasbro Stock News

Shoppers could pull back spending on toys due to tariffs, Hasbro's CEO said. The tariffs could have as severe an effect as the 2008 recession, Christian Cocks said.

Toy and gaming company Hasbro saw a revenue increase in the first quarter, but the ever-evolving tariff situation is making growth strategizing tricky.

Hasbro, Inc. (NASDAQ:HAS ) Q1 2025 Earnings Conference Call April 24, 2025 8:30 AM ET Company Participants Fred Wightman - Vice President of Investor Relations Chris Cocks - Chief Executive Officer Gina Goetter - Chief Financial Officer and Chief Operating Officer Conference Call Participants Christian Carlino - JPMorgan Chase & Company Megan Clapp - Morgan Stanley James Hardiman - Citi Arpine ...

The toymaker said the global tariff war hadn't impacted first-quarter results, adding that the company wouldn't touch the guidance it gave in February given the level of uncertainty in the trade environment.

Games and toys company Hasbro (HAS 15.79%) reported powerful profits, even in the face of markets made turbulent by President Donald Trump's tariffs campaign. Reporting Q1 2025 earnings, Hasbro exceeded expectations, earning $1.04 per share instead of analysts' expected $0.67.

U.S. equities gained at midday as the market watched for further signs the White House may ease tariffs. The Nasdaq was nearly 2% higher, the S&P 500 was up 1.3%, and the Dow Jones Industrial Average rose 0.6%.

If President Donald Trump's 145% levy against imports from China holds, Hasbro estimates it could see as mush as a $300 million hit to its bottom line. The toy maker posted better-than-expected earnings on Thursday, but investors and analysts were more focused on the ongoing trade war

Hasbro (HAS) shares surged Thursday after the toy maker posted better-than-expected results for the first quarter and agreed to extend a licensing deal with Disney (DIS).