Hasbro Stock News

Hasbro beat earnings and revenue estimates for the fourth quarter while increasing its dividend by 3%.

© Reuters. By Dhirendra Tripathi Investing.com Hasbro stock (NASDAQ:) was up 2.2% in premarket trading Monday as the company beat both revenue and earnings estimates in the fourth quarter and raised its dividend by 3%. Fourth-quarter net revenue rose 17% to $2 billion. Consumer products, the companys core toys and games business, grew 9% in

HAS and TSN rallied on earnings news. SAVE climbed on a deal to be acquired. ZBH fell after announcing disappointing quarterly results.

Hasbro Inc (NASDAQ: HAS ) reported fourth-quarter FY21 sales growth of 17% year-on-year, to $2.01 billion, beating the analyst consensus of $1.87 billion. Net revenues for the Consumer Products segment rose 9% Y/Y to $1.4 billion, Wizards of the Coast and Digital Gaming climbed 18% to $277.9 million, and Entertainment jumped 54% to $379.7 million. Selling, distribution, and administration expenses rose 17% to $428 million. The operating margin for the quarter Full story available on Benzinga.com

Hasbro, Inc. (HAS) CEO Rich Stoddart on Q4 2021 Results - Earnings Call Transcript

Futures Tread Water Amid Peripheral Bond Rout As Key CPI Print Looms U.S. index futures swung around in a volatile, illiquid overnight session, and at last check were flat despite traders'' concerns about growing fireworks in the European bond market where Italian and Greek bond plunged amid fears of ECB rate hikes as soon as October, while waiting for Thursday''s key CPI data and further corporate earnings. S&P 500 futures were up 2 points or 0.05%, Nasdaq futures were up 26 points or 0.18% and Dow futures were up fractionally as markets now expect more than five quarter-point Federal Reserve interest-rate hikes in 2022 to keep inflation on check following a strong U.S. jobs report. Treasury yields and the dollar were stable, while the euro snapped a six-day strengthening run. WTI crude fell after last week''s rally. Chinese shares climbed on their return from a weeklong holiday. Bitcoin extended its recovery surge. In the premarket, Peloton was in focus, soaring 27% on reports it''s evaluating interest from potential suitors including Amazon and Nike.

https://www.investing.com/news/stock-market-news/hasbro-gains-as-demand-for-toys-entertainment-boost-q3-2758330

(Reuters) -Hasbro Inc trounced analysts'' estimates for quarterly revenue and profit on Monday, bolstered by a recovery in the toymaker''s television production business and price increases to counter a

Hasbro shares jumped higher Monday after the toymaker posted stronger-than-expected fourth quarter earnings thanks to a jump in brand-partners sales and a rebound in its entertainment business.

Later this week, we'll see new earnings results from The Walt Disney Co. (DIS), Uber (UBER), Coca Cola (KO) and Peloton (PTON).

Hasbro's (HAS) fourth-quarter fiscal 2021 top-line reflects solid contributions from the Consumer Products, Wizards of the Coast and Digital Gaming and Entertainment business.

Should investors be picking these consumer discretionary names over the competition now?

Hasbro (NASDAQ:HAS) declares $0.70/share quarterly dividend, 2.9% increase from prior dividend of $0.68.Forward yield 2.98%Payable May 16; for shareholders of record May 2; ex-div April

Yahoo Finance Live's Brian Sozzi and Jared Blikre discuss Hasbro stock receiving a boost after its fourth quarter earnings.

Hasbro press release (HAS): Q4 Non-GAAP EPS of $1.21 beats by $0.33.Revenue of $2.01B (+16.9% Y/Y) beats by $140M.The company has a plan for continued growth in 2022, including