2D·

Hasbro Q3’25 Earnings Highlights

$HAS (-0,24%)


🔹 Revenue: $1.39B (Est. $1.35B) 🟢; UP +8% YoY

🔹 Adjusted EPS: $1.68 (Est. $1.63) 🟢


FY25 Guidance

🔹 Total Revenue: High-single-digit growth (cc)

🔹 Adjusted Operating Margin: 22%–23%

🔹 Adjusted EBITDA: $1.24B–$1.26B


Segment:

Wizards of the Coast & Digital Gaming

🔹 Revenue: UP +42% YoY (MAGIC: THE GATHERING +55%; Licensed digital gaming +21%)

🔹 Operating Profit: $252M; UP +39% YoY (Operating Margin 44%)


Consumer Products

🔹 Revenue: DOWN -7% YoY (timing of U.S. retailer orders)

🔹 Operating Profit: $80M; Adjusted Operating Profit: $89M; DOWN -32% YoY


Entertainment

🔹 Revenue: UP +8% YoY

🔹 Operating Profit: $8M; Adjusted Operating Profit: $11M; DOWN -14% YoY


Other Metrics

🔹 Adjusted Operating Profit: $356M; UP +8% YoY


🔹 Dividend Paid: $98M in Q3; Board declared $0.70/share payable Dec 3, 2025 (record Nov 19, 2025)


Commentary

🔸 “Hasbro delivered another quarter of growth… Wizards led the way as MAGIC continues to break records. We’re poised to enter 2026 with momentum.”

🔸 “We managed tariff volatility, protected margins, and advanced transformation initiatives; we remain on track to achieve our mid-term commitments.”

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