Hasbro reports Q1 adjusted EPS $1.04, consensus 67c

Reports Q1 revenue $887.1M, consensus $770.6M. “Hasbro’s (HAS) Playing to Win strategy is delivering in a challenging environment. We’re outperforming today and building for tomorrow through disciplined execution, standout partnerships like our extended Disney agreement, and future-focused bets that are already paying off,” said CEO Chris Cocks. “We delivered strong revenue growth and a meaningful profit lift in Q1, driven by a strategic shift toward higher-margin businesses. As we progress toward our $1 billion cost savings goal, the strength of Wizards, licensing, and our asset-light model continues to offset tariff pressures and support margins,” said CFO Gina Goetter.