Hasbro (HAS) Stock Movement Summary Hasbro's stock rallied following several positive developments: Q4 Financial Results: The company reported fourth-quarter revenue of $1.446 billion, up 31% year-over-year, beating analyst estimates of $1.263 billion. Adjusted earnings per share reached $1.51, exceeding consensus estimates of $0.95. Pricing Power: Hasbro successfully implemented price increases in the second half of the prior year and expanded them further, passing on tariff costs without significantly impacting holiday demand. Harry Potter Partnership: Hasbro announced a multi-year licensing agreement with Warner Bros. Discovery Global Consumer Products, making Hasbro the primary global toy licensee for Harry Potter starting in 2027. Share Buyback: The company authorized a $1 billion share repurchase program. Stock Performance: Shares rose between 7.5% and 9% on these announcements, reaching a 6-year high.
Read full analysisHasbro (HAS) Stock Movement Summary Hasbro's stock rallied following several positive developments: Q4 Financial Results: The company reported fourth-quarter revenue of $1.446 billion, up 31% year-over-year, beating analyst estimates of $1.263 billion. Adjusted earnings per share reached $1.51, exceeding consensus estimates of $0.95. Pricing Power: Hasbro successfully implemented price increases in the second half of the prior year and expanded them further, passing on tariff costs without significantly impacting holiday demand. Harry Potter Partnership: Hasbro announced a multi-year licensing agreement with Warner Bros. Discovery Global Consumer Products, making Hasbro the primary global toy licensee for Harry Potter starting in 2027. Share Buyback: The company authorized a $1 billion share repurchase program. Stock Performance: Shares rose between 7.5% and 9% on these announcements, reaching a 6-year high.
Hasbro Inc. (HAS) is a publicly traded company in the Consumer Discretionary sector.