Hasbro up after upbeat first-quarter results

ReutersApr 24, 2025 10:47 AM

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Shares of toymaker Hasbro HAS.O up ~7% at $56.61 premarket

Co beats Q1 revenue and adjusted EPS estimates, according to data compiled by LSEG

Q1 revenue increased 17%, driven by 46% growth in the Wizards of the Coast and Digital Gaming segment, its largest

Co maintains its annual outlook announced in February, cites uncertainty of current tariff environment

Says strength of Wizards segment, licensing and an asset-light model continue to offset tariff pressures and support margins

HAS has fallen ~6% YTD, as of last close

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