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.
Wizards of the Coast, a division of Hasbro (NASDAQ: HAS), unveiled an exciting lineup of Magic: The Gathering products for 2022, featuring crossovers with popular franchises such as Fortnite and Street Fighter. A Netflix animated series based on the game will debut in late 2022, with Brandon Routh voicing a key character. The upcoming Universes Beyond series includes content from The Lord of the Rings and Warhammer 40,000. The release schedule highlights several major sets throughout the year, including Kamigawa: Neon Dynasty and The Brothers’ War.
Hasbro, Inc. (NASDAQ: HAS) partners with Vrbo to launch the NERF House, an immersive vacation home experience themed around the NERF brand. Available for booking starting September 1, 2021, at a rate of $100 per night, families can enjoy a weekend filled with NERF activities at the lake house on Grand Lake O' the Cherokees in Oklahoma. This activation coincides with the new season of the YouTube series 'NERF HOUSE SHOWDOWN,' featuring competitive challenges among teens. The property accommodates 30 guests and includes NERF gear, games, and amenities for family fun.
Entertainment One's popular preschool series PJ Masks is set to launch its fifth season on August 13, 2021, at 1:00 p.m. ET/PT on Disney Junior and DisneyNOW. This season features an extensive lineup of episodes, highlighted by a special two-part premiere titled Ninja Power Up, which showcases new superpowers and characters like Orticia and Pirate Robot. The season emphasizes teamwork and includes new vehicles, enhancing the interactive experience with Hasbro's toys that respond to the show's characters.
Hasbro, Inc. (NASDAQ: HAS) has announced a quarterly cash dividend of $0.68 per common share, slated for payment on November 15, 2021. Investors eligible to receive the dividend must be shareholders on record by November 1, 2021. This announcement underscores Hasbro's commitment to rewarding shareholders while continuing to engage audiences globally through its extensive portfolio of 1,500 brands, including popular franchises like TRANSFORMERS and DUNGEONS & DRAGONS.
Hasbro reported strong financial results for Q2 2021, with revenues rising 54% year-over-year to $1.32 billion. The company saw substantial growth in its Wizards of the Coast segment, driven by the success of MAGIC: THE GATHERING and DUNGEONS & DRAGONS. Operating profit soared to $76.6 million, while adjusted net earnings reached $145.4 million, or $1.05 per diluted share. Hasbro's dividend was set at $0.68 per share, with a total of $187.5 million paid out year-to-date. The recent sale of the eOne Music business for $397 million further strengthens Hasbro's financial position.
Hasbro, Inc. (NASDAQ: HAS) will host a webcast of its second quarter 2021 earnings conference call on July 26, 2021, at 8:30 a.m. ET. The financial results will be released before the call. Investors can access the call and presentation slides via Hasbro’s Investor Relations website at https://investor.hasbro.com. A replay will be available two hours post-event. Hasbro is a global play and entertainment company with a portfolio of 1,500 brands, including MAGIC: THE GATHERING and TRANSFORMERS, committed to enhancing the lives of children and families.
Hasbro, Inc. (NASDAQ: HAS) has successfully finalized the sale of its Entertainment One Music division to Blackstone for $385 million in cash. This strategic move aims to streamline operations, with the music group now led by Chris Taylor focusing on a creator-first brand. Hasbro plans to utilize the proceeds to accelerate deleveraging and for general corporate purposes. The transaction was advised by J.P. Morgan, with legal support from multiple law firms. The deal marks a significant step for Hasbro as it seeks to enhance financial stability.
Wizards of the Coast, a division of Hasbro (NASDAQ: HAS), announced the launch of DARK ALLIANCE, a four-player co-op action game, now available on multiple platforms including Steam, PlayStation, Xbox, and Xbox Game Pass. Priced at $39.99 digitally, the game features real-time combat and beloved Dungeons & Dragons characters battling iconic monsters. An exclusive Steelbook edition is available for $59.99. The game aims to enhance the D&D experience for players and includes cross-platform upgrades for console users.
Hasbro, Inc. (NASDAQ: HAS) will participate in a fireside chat hosted by Berenberg Capital Markets on June 8, 2021, at 10:15 AM Eastern. CEO Brian Goldner and CFO Deborah Thomas will lead the discussion, which is subject to schedule changes. Investors can access a live webcast on Hasbro's Investor Relations webpage, with an archived presentation available afterward. Hasbro is a leading global play and entertainment company known for brands like MAGIC: THE GATHERING, TRANSFORMERS, and DUNGEONS & DRAGONS.
Hasbro, Inc. (NASDAQ: HAS) has declared a quarterly cash dividend of $0.68 per common share, set to be paid on August 16, 2021. Shareholders of record as of August 2, 2021 will be eligible for this payment. This announcement underscores Hasbro's commitment to returning value to its shareholders while continuing to engage audiences through its vast portfolio of approximately 1,500 brands, including MAGIC: THE GATHERING, TRANSFORMERS, and DUNGEONS & DRAGONS.