🔹 Adj. EPS: $0.46 (Est. $0.36) 🟢
🔹 Revenue: $1.1B (Est. $1.027B) 🟢
🔹 Adj. Operating Profit: $113M (Est. $95.85M) 🟢
🔸 Announced "Playing to Win" strategy aiming for mid-single-digit revenue growth (2025-2027)
Q4 Segment Revenue:
🔹 Consumer Products: $709M; DOWN -1% YoY
🔹 Entertainment: $8M; DOWN -88% YoY
🔹 Wizards of the Coast and Digital Gaming: $267.8M; DOWN -7% YoY
FY25 Guidance :
🔹 Revenue: Slight growth (Constant Currency)
🔹 Adj. Operating Margin: 21%-22%
🔹 Adj. EBITDA: $1.1B-$1.15B (Est. $1.116B)
Medium-Term Guidance (2025-2027):
🔹 Revenue: Mid-Single Digit Growth CAGR
🔹 Adjusted Operating Margin: +50-100bps YoY expansion
🔹 Cost Savings: $1B gross savings
Capital Allocation:
🔹 Quarterly Dividend: $0.70/share payable March 12, 2025
🔹 Paid $390M in dividends in 2024
🔹 Reduced Debt by $83M
Strategic & Shareholder Updates:
🔹 Adj. Operating Margin: 10.2% (+14.1 pts YoY)
🔸 Targeting $1B gross cost savings by 2027
🔸 Paid $390M in dividends and reduced debt by $83M in 2024
🔸 Declared Q1 2025 dividend of $0.70/share (Payable Mar 12, 2025)
CEO Chris Cocks' Commentary:
🔸 "We executed our 2024 plan, improving profitability while positioning Hasbro for future growth. In 2025, we're excited to deliver an exceptional lineup of toys and games, bolstered by strong partnerships and a focus on operational efficiency."