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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%.
Revenue by Segment
Revenue by Geographic Location
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.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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