Loading...
•
Dec 29, 2024
Hasbro Q4 2024 Earnings Report
Hasbro reported a decline in revenue but improved profitability in Q4 2024.
Key Takeaways
Hasbro's Q4 2024 revenue declined by 15% year-over-year, with adjusted EPS at $0.46. The Wizards of the Coast and Digital Gaming segment saw a 7% revenue drop, while Consumer Products declined 1%. However, cost savings and operational efficiencies improved profitability, with an adjusted operating margin of 10.2%, up 14.1 percentage points from the prior year.
Q4 2024 revenue declined 15% YoY to $1,101.6 million.
Adjusted EPS reached $0.46 per diluted share, up from a loss last year.
Consumer Products revenue remained stable, declining only 1%.
Improved operational efficiency led to an adjusted operating margin of 10.2%.
Hasbro
Hasbro
Hasbro Revenue by Segment
Hasbro Revenue by Geographic Location
Revenue by Segment
Consumer Products Revenue
CapyFin.comEntertainment Revenue
CapyFin.comRevenue by Geographic Location
North America Revenue
CapyFin.comEurope Revenue
CapyFin.comAsia Pacific Revenue
CapyFin.comLatin America Revenue
CapyFin.com Forward Guidance
Hasbro expects slight revenue growth in 2025 with a focus on operational efficiency and cost savings.
Positive Outlook
- Total revenue expected to grow slightly in constant currency.
- Adjusted operating margin projected between 21%-22%.
- Adjusted EBITDA expected between $1.1 billion to $1.15 billion.
- Continued focus on operational efficiency and cost control.
- Expansion of licensing and digital gaming partnerships.
Challenges Ahead
- Potential impact from U.S. tariffs on imports from China, Mexico, and Canada.
- Macroeconomic challenges may affect consumer spending.
- Declining revenue in the Entertainment segment post-eOne divestiture.
- Continued pressure on Consumer Products revenue due to softer demand.
- Increased competition in digital and tabletop gaming segments.
Revenue & Expenses
Visualization of income flow from segment revenue to net income