{"id":29534,"date":"2025-04-25T09:32:21","date_gmt":"2025-04-25T13:32:21","guid":{"rendered":"https:\/\/worldscreen.com\/tvkids\/hasbro-sees-q1-gains\/"},"modified":"2025-04-25T09:32:24","modified_gmt":"2025-04-25T13:32:24","slug":"hasbro-sees-q1-gains","status":"publish","type":"post","link":"https:\/\/worldscreen.com\/tvkids\/hasbro-sees-q1-gains\/","title":{"rendered":"Hasbro Sees Q1 Gains"},"content":{"rendered":"

Hasbro reported a strong first quarter, with revenues rising 17 percent to $887.1 million and net profit almost doubling to $98.6 million.<\/p>\n

“Hasbro\u2019s Playing to Win strategy is delivering in a challenging environment,” said Chris Cocks, CEO. “We\u2019re outperforming today and building for tomorrow through disciplined execution, standout partnerships like our extended Disney agreement and future-focused bets that are already paying off.”<\/p>\n

CFO Gina Goetter added: “We delivered strong revenue growth and a meaningful profit lift in Q1, driven by a strategic shift toward higher-margin businesses. As we progress toward our $ 1 billion cost savings goal, the strength of Wizards, licensing and our asset-light model continues to offset tariff pressures and support margins.”<\/p>\n

A key driver in Q1 was the Wizards and digital gaming segment, where revenues were up 46 percent, driven by Magic: The Gathering<\/em>. Consumer products was down by 4 percent. In the entertainment business, revenues slipped by 5 percent due to the timing of deals, with the segment reporting an $11 million loss.<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Hasbro reported a strong first quarter, with revenues rising 17 percent to $887.1 million and net profit almost doubling to $98.6 million.<\/p>\n","protected":false},"author":290,"featured_media":29535,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"pmpro_default_level":0,"footnotes":""},"categories":[21],"tags":[8636,166],"class_list":["post-29534","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-top-stories","tag-chris-cocks","tag-hasbro","pmpro-has-access"],"yoast_head":"\nHasbro Sees Q1 Gains - TVKIDS<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/worldscreen.com\/tvkids\/hasbro-sees-q1-gains\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hasbro Sees Q1 Gains - TVKIDS\" \/>\n<meta property=\"og:description\" content=\"Hasbro reported a strong first quarter, with revenues rising 17 percent to $887.1 million and net profit almost doubling to $98.6 million.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/worldscreen.com\/tvkids\/hasbro-sees-q1-gains\/\" \/>\n<meta property=\"og:site_name\" content=\"TVKIDS\" \/>\n<meta property=\"article:published_time\" content=\"2025-04-25T13:32:21+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-04-25T13:32:24+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/worldscreen.com\/tvkids\/wp-content\/uploads\/sites\/9\/2025\/04\/Hasbro-Logo-0424.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"640\" \/>\n\t<meta property=\"og:image:height\" content=\"394\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Mansha Daswani\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mansha Daswani\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/worldscreen.com\/tvkids\/hasbro-sees-q1-gains\/\",\"url\":\"https:\/\/worldscreen.com\/tvkids\/hasbro-sees-q1-gains\/\",\"name\":\"Hasbro Sees Q1 Gains - TVKIDS\",\"isPartOf\":{\"@id\":\"https:\/\/worldscreen.com\/tvkids\/#website\"},\"datePublished\":\"2025-04-25T13:32:21+00:00\",\"dateModified\":\"2025-04-25T13:32:24+00:00\",\"author\":{\"@id\":\"https:\/\/worldscreen.com\/tvkids\/#\/schema\/person\/83da304c8bad8bfdb3edd7eb47cfe5ad\"},\"breadcrumb\":{\"@id\":\"https:\/\/worldscreen.com\/tvkids\/hasbro-sees-q1-gains\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/worldscreen.com\/tvkids\/hasbro-sees-q1-gains\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/worldscreen.com\/tvkids\/hasbro-sees-q1-gains\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/worldscreen.com\/tvkids\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Hasbro Sees Q1 Gains\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/worldscreen.com\/tvkids\/#website\",\"url\":\"https:\/\/worldscreen.com\/tvkids\/\",\"name\":\"TVKIDS\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/worldscreen.com\/tvkids\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/worldscreen.com\/tvkids\/#\/schema\/person\/83da304c8bad8bfdb3edd7eb47cfe5ad\",\"name\":\"Mansha Daswani\",\"description\":\"Mansha Daswani is the editor-in-chief and associate publisher of World Screen. 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