Apr. 23 at 5:07 PM
$HAS $97.10 +6.22. SELL/TAKE PROFIT on 15% of net long position. DAC (dollar average cost includes partial SELLS at profit to reduce cost to
$15.80 (excluding this trade).
https://stocktwits.com/G101SPM/message/640318007
OVERVIEW:
Hasbro leveling up as strong Q1 guide shows "Playing to Win" strategy is changing the game (98.04 +7.43)
Hasbro (HAS) is surging higher after issuing Q1 revenue guidance of
$970--
$985 mln, well above expectations, signaling that the company's strong momentum from late 2025 is carrying into the new year.
The upside is being driven primarily by continued strength in its Wizards of the Coast and Digital Gaming segment, with robust demand for Magic: The Gathering once again serving as the key growth engine.
Following a breakout Q4 in which Magic sales surged triple digits on the back of blockbuster crossover releases, demand trends appear to be holding firm, supported by ongoing success of the "Universes Beyond" strategy and a steady cadence of new content.
This reinforces HAS's broader transformation under its "Playing to Win" roadmap, which has shifted the business toward higher-margin, IP-driven, and digitally enabled gaming experiences.
Importantly, the strong Q1 outlook comes alongside a reaffirmation of FY26 guidance for 3-5% constant currency revenue growth and adjusted EBITDA of
$1.40-
$1.45 bln, signaling confidence in sustained execution despite a more uncertain macro backdrop.
While the Consumer Products segment remains more cyclical, it is benefiting from improved brand performance and licensing momentum, though near-term Q2 disruption is expected due to operational delays tied to a recent cybersecurity incident.
HAS noted that the breach had no financial impact on Q1 results, but it did slow reporting timelines and may temporarily affect order processing and shipments, with recovery expected in the back half of the year.
Overall, the strong Q1 guide underscores that HAS's pivot toward gaming and owned IP is driving more durable growth, with Magic: The Gathering continuing to anchor both top-line acceleration and investor enthusiasm.
