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Earnings Data
Report Date
Jul 21, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
1.13Last Year’s EPS
1.3Same Quarter Last Year
Strong Buy
Based on 11 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call was largely positive: Hasbro reported a strong Q1 with double-digit revenue growth overall, outsized contributions from Wizards of the Coast, meaningful margin expansion, substantial EPS upside and healthy cash generation. Management maintained full‑year guidance, signaled continued cost-transformation progress and highlighted several product and franchise momentum indicators (record Magic set performance, sold-out events, digital partnerships and upcoming tentpole releases). Key risks discussed were a recent cyber incident (causing one-time remediation costs and temporary revenue/cash-timing shifts), input cost pressure from oil/resin/freight (~$30M estimated) and Consumer Products near-term headwinds (flat Q1 revenue, licensing declines and an adjusted operating loss). Management outlined mitigation actions and maintained guidance, leaving the tone constructive but cautious about back-half moderation and timing impacts.Company Guidance
Strong Top-Line Growth in Q1
Net revenue of $1.0 billion, up 13% year-over-year, driven primarily by Wizards of the Coast.
Material Margin and Profit Expansion
Adjusted operating profit of $287 million, up 29% year-over-year; adjusted operating margin of 28.7%, an increase of 360 basis points versus prior year.
Significant EPS Improvement
Adjusted diluted EPS of $1.47, up 41% year-over-year reflecting strong operating leverage.
Wizards of the Coast Outperformance
Wizards revenue grew 26% to $582 million; operating profit rose 29% to $298 million with a 51.2% operating margin (up 140 basis points). Magic backlist and Secret Lair posted double-digit growth; Lorwyn Eclipsed became the best-selling Magic Premier set ever and Strixhaven/Secrets sets have continued robust demand.
Digital & Licensing and MONOPOLY Go Contribution
Digital and licensing revenue up 3% year-over-year; MONOPOLY Go contributed $41 million in revenue in Q1 and remains a consistent contributor.
Cash Flow, Capital Allocation and Balance Sheet Actions
Generated $338 million in operating cash flow; funded $50 million of strategic investments; returned $99 million via dividend and initiated share repurchases under a new program; issued $400 million of notes to refinance near-term maturities and repurchase higher-rate debt.
Cost Transformation and EBITDA Expansion
Q1 cost transformation gross savings of $37 million (on track for $150 million full-year target); total adjusted EBITDA $339 million, up 24% year-over-year.
Retail and Product Momentum Across Consumer Products
Consumer Products showed point-of-sale momentum and share gains in 'gem-squared' categories (gamified, entertainment-driven, multi-purchase, multigenerational); POS trends continued into April and inventory levels (owned and retail) are healthy heading into tentpole theatrical releases.
Event and Franchise Engagement
MagicCon Las Vegas sold more than 23,000 badges (largest Magic event ever); MagicCon Amsterdam is tracking to sell out; partnership with Disney to bring Marvel full digital rights to Magic Arena expands cross-platform reach.
HAS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
HAS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 20, 2026 | $96.39 | $87.88 | -8.83% |
Feb 10, 2026 | $95.32 | $102.45 | +7.48% |
Oct 23, 2025 | $73.36 | $76.07 | +3.70% |
Jul 23, 2025 | $75.05 | $74.34 | -0.94% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Hasbro (HAS) report earnings?
Hasbro (HAS) is schdueled to report earning on Jul 21, 2026, Before Open (Confirmed).
What is Hasbro (HAS) earnings time?
Hasbro (HAS) earnings time is at Jul 21, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is HAS EPS forecast?
HAS EPS forecast for the fiscal quarter 2026 (Q2) is 1.13.



