Hasbro (NASDAQ:HAS) Surpasses Estimates with 31.3% Revenue and 59.3% EPS Surprise in Q4 CY2025

Hasbro (NASDAQ:HAS) reported Q4 CY2025 revenue of $1.45 billion, up 31.3% year-on-year, and non-GAAP EPS of $1.51, 59.3% above consensus. The stock closed flat at $97.35 after the report. Supporting context: The company serves three segments—Consumer Products (43.6%), Entertainment (55.3%), and Wizards & Digital Gaming (1.1%). Entertainment revenue grew 4,671% YoY over the last two years, while Consumer Products and Wizards & Digital Gaming declined 24.5% and 95.4%, respectively. Q4 operating margin expanded 15.1 pp to 20.6%. Long-term fundamentals show EPS CAGR of 8.1% vs revenue declines of 3.1% over the past two years. Despite strong Q4 performance, sell-side analysts project flat revenue and a 4.2% contraction in full-year EPS to $5.53.