Hasbro reported strong profits in Q1 2025, but guidance remains cautious due to tariff uncertainty.
From Nasdaq: 2025-04-24 12:20:00
Hasbro (NASDAQ: HAS) reported strong profits in Q1 2025, exceeding expectations with $1.04 earnings per share and $887.1 million in sales. However, GAAP earnings were lower at $0.70 per share, still a 66.7% increase over Q1 2024. Sales grew 17% year over year, driven by Wizards of the Coast and Magic: The Gathering. Free cash flow declined 28% to $94.9 million. Guidance remains cautious given tariff uncertainty. The Motley Fool Stock Advisor did not recommend Hasbro as one of the top 10 stocks to buy. Consider locking in gains and selling Hasbro stock.
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