Revenue
Earnings
The consensus target for Q1 2025 earnings per share is $0.68, which compares to adjusted EPS of $0.61 reported in Q1 2024. In Q4 2024, adjusted EPS rose 21% YoY to $0.46.
Points to note
Hasbro has seen its revenues decline over the past couple of quarters, with declines across most of its segments. In Q4, revenues fell across all segments due to exited businesses, reduced close-out volume, and timing of set releases. The company has a new growth strategy in place and it has forecasted revenue growth for 2025.
The Wizards of the Coast and Digital Gaming Segment is expected to benefit in the coming fiscal year from strength in MAGIC: THE GATHERING on the back of three Universes Beyond set releases. Hasbro expects to see stronger growth in the first and fourth quarters of 2025 based on the set timing. In Q1 2025, the company expects revenue in Consumer Products to be down mid to high single digits, mainly due to a late Easter, and then to see sequential YoY improvement.
As part of its Playing to Win strategy, Hasbro has exited non-core businesses and is focusing on high-profit, high-growth areas like digital games. The company’s broad portfolio that spans beyond toys and into games, digital, licensing and so forth helps it cater to consumers across all age groups. Licensing is another area of strong growth. The toymaker’s investments in these areas are expected to yield benefits.