Toymaker Hasbro beats Q3 revenue expectations, raises FY outlook

Hasbro

23/10/2025 11:37

Overview

Hasbro Q3 2025 revenue grows 8%, beating analyst expectations

Adjusted EPS for Q3 was $1.68, driven by MAGIC: THE GATHERING's strong performance on releases of Edge of Eternities and Marvel's Spider-Man

Company raises full-year outlook, citing strong brand performance and strategic initiatives

Outlook

Hasbro expects full-year revenue to grow high-single digits in constant currency

Company projects adjusted operating margin of 22%-23% for 2025

Hasbro anticipates adjusted EBITDA of $1.24 bln to $1.26 bln for 2025

Result Drivers

MAGIC: THE GATHERING - Revenue grew 55% due to successful Q3 releases and strong backlist sales

CONSUMER PRODUCTS DECLINE - Revenue decreased 7% due to U.S. retailer order timing

TARIFF MANAGEMENT - Co managed tariff volatility with cost productivity and pricing discipline

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$1.38 bln
$1.34 bln (10 Analysts)
Q3 Net Income
$233.90 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the toys & children's products peer group is "buy"

Wall Street's median 12-month price target for Hasbro Inc is $89.00, about 15.9% above its October 21 closing price of $74.83

The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 16 three months ago

Press Release: ID:nBw1KT0sza

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)