Hasbro Q4 revenue beats; plans $1 bln share repurchase

Overview

• Games and toy company's Q4 revenue grew 31%, beating analyst expectations

• Adjusted EPS for Q4 exceeded analyst expectations

• Company announced $1 bln share repurchase program

Outlook

• Hasbro expects 2026 revenue growth of 3%-5% in constant currency

• Company forecasts adjusted operating margin of 24%-25% for 2026

• Hasbro plans $1 bln share repurchase program in 2026

Result Drivers

• MAGIC: THE GATHERING - Revenue increased 59% driven by successful Q4 Avatar set and strong backlist sales

• COST SAVINGS - Operational execution and cost savings initiatives contributed to profitability

• CONSUMER PRODUCTS - Revenue decreased 4% due to shifts in retail order timing, but some brands like PEPPA PIG grew

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the toys & children's products peer group is "buy"

• Wall Street's median 12-month price target for Hasbro Inc is $98.00, about 1.3% above its February 9 closing price of $96.76

• The stock recently traded at 18 times the next 12-month earnings vs. a P/E of 15 three months ago

Press Release: ID:nBw2hzn5xa

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