Tag: hasbro
Here’s a look at what to expect when Hasbro (HAS) reports Q1 earnings this week
Shares of Hasbro Inc. (NASDAQ: HAS) were down slightly on Monday. The stock has dropped 15% year-to-date and 20% over the past three months. The company is set to report […]
The post Here’s a look at what to expect when Hasbro (HAS) reports Q1 earnings this week first appeared on AlphaStreet.
All the Star Wars and Indiana Jones Toys Hasbro Revealed at Star Wars Celebration
Star Wars Celebration brings plenty of news with it from the galaxy far, far away, but it also brings future opportunities to drain your wallet. Hasbro understood this more than anyone else at their panel at the London convention, and they brought out big announcements from Star Wars and Indiana Jones to whet fans…
Hasbro (HAS) vs. Mattel (MAT): How did these toymakers fare during the fourth quarter?
Toy companies Hasbro Inc. (NASDAQ: HAS) and Mattel Inc. (NASDAQ: MAT) reported their fourth quarter 2022 earnings results recently. Both companies saw their performance lag expectations as they battled a […]
The post Hasbro (HAS) vs. Mattel (MAT): How did these toymakers fare during the fourth quarter? first appeared on AlphaStreet.
Hasbro Execs Talk Dungeons And Dragons And Open Game License Controversy
Hasbro executives discussed the recent controversy about Dungeons and Dragons changing its open games license (OGL) in a recent earnings call.
According to a report from Gizmodo, the current CEO of Hasbro, and former Wizards of the Coast president, Chris Cocks addressed the negative fan response early in the meeting, saying that “We misfired on updating our open game license.” The earnings call provides no new information about Wizards of the Coast’s plans, but Cocks did say that, “Our best practice is to work collaboratively with our community, gather feedback, and build experiences that inspire players and creators alike.”
In January, a leak revealed that DnD publisher Wizards of the Coast was planning to update its OGL. The new license would more directly restrict what user-created content could exist and be sold without paying royalties. Community backlash was instant and only increased after Wizards released a statement confirming the leak’s validity. Eventually, Wizards of the Coast halted updating Dnd’s OGL, sticking with the old model for the foreseeable future.
Hasbro (HAS) expects low single-digit decline in revenue in FY2023
Shares of Hasbro Inc. (NASDAQ: HAS) were up over 2% on Thursday following the announcement of its fourth quarter 2022 earnings results. Earnings beat expectations while revenue came in line […]
The post Hasbro (HAS) expects low single-digit decline in revenue in FY2023 first appeared on AlphaStreet.
Hasbro (HAS) is set to report Q4 earnings this week; here are a few things to note
Shares of Hasbro Inc. (NASDAQ: HAS) have fallen 39% over the past 12 months and 12% over the past one month. The company is slated to report its fourth quarter […]
The post Hasbro (HAS) is set to report Q4 earnings this week; here are a few things to note first appeared on AlphaStreet.
Hasbro Dilutes the Value of Magic: the Gathering, Bank of America Says
“We remain especially cautious on Hasbro’s Wizards segment given its over-monetization of Magic. Wizards recently tried a similar tactic with D&D — proposing changes to its licensing agreement which led to substantial pushback from the community including calls to boycott the D&D movie,” BofA explained. […] “We’ve spoken with several players, collectors, distributors and local games stores and have become aware of growing frustration. The primary concern is that Hasbro has been overproducing Magic cards which has propped up Hasbro’s recent [earnings] results but is destroying the long-term value of the brand,” Bank of America analyst Jason Haas wrote in November. The oversupply of Magic cards means “card prices are falling, game stores are losing money, collectors are liquidating, and large retailers are cutting orders,” Bank of America explained. The bank names “weak fan engagement with Hasbro’s brands” and “fading appetite for Magic releases” as key downside risks for the stock.
Read more of this story at Slashdot.
Hasbro (HAS), Mattel (MAT): A look at the near-term plans and goals of these toy companies
In the current challenging economic environment where consumers are putting their discretionary purchases on hold, toys have taken a bit of a hit. Leading toy companies Hasbro (NASDAQ: HAS) and […]
The post Hasbro (HAS), Mattel (MAT): A look at the near-term plans and goals of these toy companies first appeared on AlphaStreet.
Hasbro strongly refutes claims it is ‘destroying’ Magic: The Gathering
A ‘fireside chat’ gave a detailed look at how the company plans to grow Magic — and Dungeons & Dragons