Welcome to our dedicated page for Hasbro news (Ticker: HAS), a resource for investors and traders seeking the latest updates and insights on Hasbro stock.
Hasbro reports company news around its role as a games, intellectual property and toy company with franchises spanning toys, tabletop games, digital play, licensed consumer products and entertainment-driven brands. Coverage commonly includes Wizards of the Coast developments tied to MAGIC: THE GATHERING and Dungeons & Dragons, product launches across brands such as MONOPOLY, NERF, TRANSFORMERS, PLAY-DOH and PEPPA PIG, and licensing or partner-brand announcements.
Hasbro news also covers operating and financial results, guidance, dividends, share repurchase activity, transformation and cost initiatives, board and governance changes, and operational updates such as cybersecurity-related disclosures. These updates connect the company’s brand portfolio with recurring themes in consumer products, gaming, digital platforms, intellectual property monetization and shareholder capital actions.
Hasbro, Inc. (NASDAQ: HAS) has appointed Chris Cocks as its new CEO, effective February 25, 2022. Cocks, currently President of Wizards of the Coast, will succeed Rich Stoddart, who will transition to Chair of the Board. The board praised Cocks for his ability to drive growth and strengthen shareholder returns. Eric Nyman has also been appointed as President and COO, overseeing global operations and supply chain. Cocks aims to advance Hasbro's Brand Blueprint strategy and build on its entertainment assets.
Creative Kids has entered into a multi-year partnership with Hasbro to develop a new line of Play-Doh products, launching in Spring 2022. This collaboration aims to introduce innovative modeling clay and air-dry compounds, enhancing creative play experiences for children. The joint venture will see both companies' product development teams working closely together, supported by a comprehensive marketing campaign. As Hasbro seeks to expand the iconic Play-Doh brand, this partnership underscores their commitment to innovative and engaging products for families.
VH1 announces the launch of its new reality series, My Celebrity Dream Wedding, starting on January 3, 2022, at 9 PM/8C. The 20-episode series features elite wedding planners Courtney Ajinca, Lance Devereux, and Tori Williams, as they design celebrity-inspired weddings for couples on a budget. Viewers can expect DIY tips and extravagant décor inspired by celebrity weddings. The show aims to highlight creativity and affordability in wedding planning. Produced by eOne and MTV Entertainment Group, the series taps into VH1's existing fanbase and brand strength.
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Champion Athleticwear announces a limited-edition collection in collaboration with Hasbro Gaming, featuring designs from iconic games like Monopoly, Twister, Scrabble, and Candy Land. This collection aims to blend playful competition with stylish athletic wear, catering to fans of all ages. The line includes pullover hoodies, joggers, and footwear, all available on Champion.com and select retailers, with prices ranging from $30 to $80. Group President Jon Ram highlights the collection's ability to let consumers express themselves during the holiday season.
Hasbro, Inc. (NASDAQ: HAS) has declared a quarterly cash dividend of $0.68 per common share, payable on February 15, 2022, to shareholders recorded by the close of business on February 1, 2022. This reflects Hasbro's commitment to returning value to its shareholders while maintaining a strong portfolio of approximately 1,500 brands, including MAGIC: THE GATHERING and TRANSFORMERS. The company continues to focus on immersive brand experiences and ethical corporate practices, ensuring a stable environment for investor confidence.
On December 2, 2021, Afterpay launched the Impossible Gift Finder, featuring Furby as the holiday gifting expert. This initiative aims to alleviate holiday shopping stress, with a focus on Gen Z, who are increasingly seeking gift inspiration through Afterpay's platform. From December 7-12, shoppers can interact with Furby on TikTok for real-time gifting advice and make purchases in four interest-free installments. This collaboration seeks to create a fun shopping experience while encouraging responsible spending.
T-Mobile and Hasbro have launched the Lite-Brite T-Mobile Edition, featuring 184 new magenta pegs and wireless-themed templates, priced at $19.99. This nostalgic toy aims to inspire creativity while incorporating a sweepstake for a 5G experience. The partnership is part of T-Mobile's broader engagement strategy, enhancing community support through toys for the Boys & Girls Clubs of America. With limited availability, customers can purchase the new edition online, which also offers free shipping until Cyber Monday.
Wizards of the Coast, a division of Hasbro (NASDAQ: HAS), announced two new Magic: The Gathering Secret Lair drops in collaboration with Riot Games, celebrating the launch of the animated series Arcane: League of Legends. The drops will be available for purchase from November 29 to December 23, with prices set at $29.99 for non-foil and $39.99 for foil sets. This collaboration aims to bring beloved brands into the Magic universe, enhancing fan engagement.
Hasbro, Inc. (NASDAQ: HAS) will hold its first-ever livestream shopping event, Hasbro Holiday Shopping Live, on November 12 at 12pm EST. Hosted by Daphne Oz and Iván Emilio, this interactive experience aims to showcase the season’s top toys from popular brands like NERF, MY LITTLE PONY, and PEPPA PIG. Viewers can purchase the showcased products directly from the Hasbro Microsite. For every viewer, Hasbro will donate to Marine Toys for Tots, enhancing the holiday spirit for children.