Latest news with #Mr.PotatoHead
Yahoo
5 days ago
- Business
- Yahoo
Q1 Earnings Recap: Hasbro (NASDAQ:HAS) Tops Toys and Electronics Stocks
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let's take a look at how toys and electronics stocks fared in Q1, starting with Hasbro (NASDAQ:HAS). The toys and electronics industry presents both opportunities and challenges for investors. Established companies often enjoy strong brand recognition and customer loyalty while smaller players can carve out a niche if they develop a viral, hit new product. The downside, however, is that success can be short-lived because the industry is very competitive: the barriers to entry for developing a new toy are low, which can lead to pricing pressures and reduced profit margins, and the rapid pace of technological advancements necessitates continuous product updates, increasing research and development costs, and shortening product life cycles for electronics companies. Furthermore, these players must navigate various regulatory requirements, especially regarding product safety, which can pose operational challenges and potential legal risks. The 4 toys and electronics stocks we track reported an exceptional Q1. As a group, revenues beat analysts' consensus estimates by 2.4% while next quarter's revenue guidance was in line. Thankfully, share prices of the companies have been resilient as they are up 6.8% on average since the latest earnings results. Credited with the creation of toys such as Mr. Potato Head and the Rubik's Cube, Hasbro (NASDAQ:HAS) is a global entertainment company offering a diverse range of toys, games, and multimedia experiences for children and families. Hasbro reported revenues of $887.1 million, up 17.1% year on year. This print exceeded analysts' expectations by 14.8%. Overall, it was an incredible quarter for the company with an impressive beat of analysts' EPS estimates and a solid beat of analysts' EBITDA estimates. 'Hasbro's Playing to Win strategy is delivering in a challenging environment. We're 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,' said Chris Cocks, Hasbro Chief Executive Officer. Hasbro achieved the biggest analyst estimates beat and fastest revenue growth of the whole group. The stock is up 26% since reporting and currently trades at $66.32. Is now the time to buy Hasbro? Access our full analysis of the earnings results here, it's free. Known for the creation of iconic toys such as Barbie and Hotwheels, Mattel (NASDAQ:MAT) is a global children's entertainment company specializing in the design and production of consumer products. Mattel reported revenues of $826.6 million, up 2.1% year on year, outperforming analysts' expectations by 4.4%. The business had an exceptional quarter with a solid beat of analysts' EPS estimates and an impressive beat of analysts' EBITDA estimates. The market seems happy with the results as the stock is up 14.9% since reporting. It currently trades at $18.59. Is now the time to buy Mattel? Access our full analysis of the earnings results here, it's free. Making a name for itself with the BarkBox, Bark (NYSE:BARK) specializes in subscription-based, personalized pet products. Bark reported revenues of $115.4 million, down 5% year on year, falling short of analysts' expectations by 9.9%. It was a mixed quarter as it posted a solid beat of analysts' EPS estimates but a significant miss of analysts' adjusted operating income estimates. Bark delivered the weakest performance against analyst estimates in the group. As expected, the stock is down 29.3% since the results and currently trades at $0.96. Read our full analysis of Bark's results here. Boasting partnerships with media franchises like Marvel and One Piece, Funko (NASDAQ:FNKO) is a company specializing in creating and distributing licensed pop culture collectibles. Funko reported revenues of $190.7 million, down 11.6% year on year. This number met analysts' expectations. It was an exceptional quarter as it also produced a solid beat of analysts' EBITDA estimates. Funko had the slowest revenue growth among its peers. The stock is up 15.5% since reporting and currently trades at $4.84. Read our full, actionable report on Funko here, it's free. The Fed's interest rate hikes throughout 2022 and 2023 have successfully cooled post-pandemic inflation, bringing it closer to the 2% target. Inflationary pressures have eased without tipping the economy into a recession, suggesting a soft landing. This stability, paired with recent rate cuts (0.5% in September 2024 and 0.25% in November 2024), fueled a strong year for the stock market in 2024. The markets surged further after Donald Trump's presidential victory in November, with major indices reaching record highs in the days following the election. Still, questions remain about the direction of economic policy, as potential tariffs and corporate tax changes add uncertainty for 2025. Want to invest in winners with rock-solid fundamentals? Check out our Hidden Gem Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate.
Yahoo
28-04-2025
- Business
- Yahoo
1 Profitable Stock on Our Watchlist and 2 to Be Wary Of
A company with profits isn't always a great investment. Some struggle to maintain growth, face looming threats, or fail to reinvest wisely, limiting their future potential. Profits are valuable, but they're not everything. At StockStory, we help you identify the companies that have real staying power. That said, here is one profitable company that leverages its financial strength to beat the competition and two best left off your watchlist. Trailing 12-Month GAAP Operating Margin: 13.8% Result of a merger of Alpha Industries and the wireless communications division of Conexant, Skyworks Solutions (NASDAQ: SWKS) is a designer and manufacturer of chips used in smartphones, autos, and industrial applications to amplify, filter, and process wireless signals. Why Are We Out on SWKS? Customers postponed purchases of its products and services this cycle as its revenue declined by 12.7% annually over the last two years Sales are expected to decline once again over the next 12 months as it continues working through a challenging demand environment Day-to-day expenses have swelled relative to revenue over the last five years as its operating margin fell by 16 percentage points Skyworks Solutions is trading at $61.85 per share, or 11.4x forward price-to-earnings. Read our free research report to see why you should think twice about including SWKS in your portfolio, it's free. Trailing 12-Month GAAP Operating Margin: 17.5% Credited with the creation of toys such as Mr. Potato Head and the Rubik's Cube, Hasbro (NASDAQ:HAS) is a global entertainment company offering a diverse range of toys, games, and multimedia experiences for children and families. Why Do We Pass on HAS? Annual revenue declines of 3.5% over the last five years indicate problems with its market positioning Persistent operating losses suggest the business manages its expenses poorly Eroding returns on capital from an already low base indicate that management's recent investments are destroying value Hasbro's stock price of $60.77 implies a valuation ratio of 14.6x forward price-to-earnings. If you're considering HAS for your portfolio, see our FREE research report to learn more. Trailing 12-Month GAAP Operating Margin: 12.5% When Oren Netzer saw a digital ad for US-based Target while sitting in his Tel Aviv apartment, he knew there was an unsolved problem, so he started DoubleVerify (NYSE:DV), a provider of advertising solutions to businesses that helps with ad verification, fraud prevention, and brand safety. Why Are We Positive On DV? Net revenue retention rate of 119% demonstrates its ability to expand within existing accounts through upsells and cross-sells Fast payback periods on sales and marketing expenses allow the company to invest heavily and onboard many customers concurrently Disciplined cost controls and effective management resulted in a strong trailing 12-month operating margin of 12.5% At $13.11 per share, DoubleVerify trades at 3.2x forward price-to-sales. Is now the time to initiate a position? See for yourself in our comprehensive research report, it's free. Donald Trump's victory in the 2024 U.S. Presidential Election sent major indices to all-time highs, but stocks have retraced as investors debate the health of the economy and the potential impact of tariffs. While this leaves much uncertainty around 2025, a few companies are poised for long-term gains regardless of the political or macroeconomic climate, like our Top 9 Market-Beating Stocks. This is a curated list of our High Quality stocks that have generated a market-beating return of 175% over the last five years. Stocks that made our list in 2019 include now familiar names such as Nvidia (+2,183% between December 2019 and December 2024) as well as under-the-radar businesses like Comfort Systems (+751% five-year return). Find your next big winner with StockStory today for free. Sign in to access your portfolio
Globe and Mail
28-04-2025
- Business
- Globe and Mail
Winners And Losers Of Q1: Churchill Downs (NASDAQ:CHDN) Vs The Rest Of The Consumer Discretionary Stocks
As the Q1 earnings season comes to a close, it's time to take stock of this quarter's best and worst performers in the consumer discretionary industry, including Churchill Downs (NASDAQ:CHDN) and its peers. This sector includes everything from cable TV services to hotel stays to gym memberships. While diverse, the way people buy and experience these products is being upended by the internet and digitization. Consumer discretionary companies are working to adapt to secular trends such as streaming video, online marketplaces for lodging accommodations, and connected fitness. That discretionary purchases are, by definition, something consumers can give up makes it even more imperative for companies in the space to adapt. The 24 consumer discretionary stocks we track reported a satisfactory Q1. As a group, revenues beat analysts' consensus estimates by 1.1% while next quarter's revenue guidance was in line. In light of this news, share prices of the companies have held steady. On average, they are relatively unchanged since the latest earnings results. Churchill Downs (NASDAQ:CHDN) Famous for hosting the Kentucky Derby, Churchill Downs (NASDAQ:CHDN) operates a horse racing, online wagering, and gaming entertainment business in the United States. Churchill Downs reported revenues of $642.6 million, up 8.7% year on year. This print was in line with analysts' expectations, but overall, it was a mixed quarter for the company with a decent beat of analysts' EPS estimates but a miss of analysts' adjusted operating income estimates. Unsurprisingly, the stock is down 15% since reporting and currently trades at $89.35. . Best Q1: Hasbro (NASDAQ:HAS) Credited with the creation of toys such as Mr. Potato Head and the Rubik's Cube, Hasbro (NASDAQ:HAS) is a global entertainment company offering a diverse range of toys, games, and multimedia experiences for children and families. Hasbro reported revenues of $887.1 million, up 17.1% year on year, outperforming analysts' expectations by 14.8%. The business had an incredible quarter with a solid beat of analysts' EPS estimates and an impressive beat of analysts' EBITDA estimates. Hasbro pulled off the biggest analyst estimates beat and fastest revenue growth among its peers. The market seems happy with the results as the stock is up 16.1% since reporting. It currently trades at $61.12. Is now the time to buy Hasbro? Access our full analysis of the earnings results here, it's free. Weakest Q1: LKQ (NASDAQ:LKQ) A global distributor of vehicle parts and accessories, LKQ (NASDAQ:LKQ) offers its customers a comprehensive selection of high-quality, affordably priced automobile products. LKQ reported revenues of $3.46 billion, down 6.5% year on year, falling short of analysts' expectations by 4.1%. It was a slower quarter as it posted full-year EBITDA guidance missing analysts' expectations. LKQ delivered the weakest performance against analyst estimates in the group. As expected, the stock is down 11.3% since the results and currently trades at $37.39. Read our full analysis of LKQ's results here. Delta (NYSE:DAL) One of the 'Big Four' airlines in the US, Delta Air Lines (NYSE:DAL) is a major global air carrier that serves both business and leisure travelers through its domestic and international flights. Delta reported revenues of $14.04 billion, up 2.1% year on year. This number topped analysts' expectations by 1.1%. Taking a step back, it was a mixed quarter as it also logged revenue guidance for next quarter topping analysts' expectations but a miss of analysts' EPS estimates. The stock is up 16.6% since reporting and currently trades at $41.88. Read our full, actionable report on Delta here, it's free. Boyd Gaming (NYSE:BYD) Run by the Boyd family, Boyd Gaming (NYSE:BYD) is a diversified operator of gaming entertainment properties across the United States, offering casino games, hotel accommodations, and dining. Boyd Gaming reported revenues of $991.6 million, up 3.2% year on year. This print beat analysts' expectations by 2.1%. Zooming out, it was a mixed quarter as it also recorded a decent beat of analysts' EPS estimates but a miss of analysts' adjusted operating income estimates. The stock is up 3.3% since reporting and currently trades at $68.14. Read our full, actionable report on Boyd Gaming here, it's free. Market Update Thanks to the Fed's rate hikes in 2022 and 2023, inflation has been on a steady path downward, easing back toward that 2% sweet spot. Fortunately (miraculously to some), all this tightening didn't send the economy tumbling into a recession, so here we are, cautiously celebrating a soft landing. The cherry on top? Recent rate cuts (half a point in September 2024, a quarter in November) have propped up markets, especially after Trump's November win lit a fire under major indices and sent them to all-time highs. However, there's still plenty to ponder — tariffs, corporate tax cuts, and what 2025 might hold for the economy. Want to invest in winners with rock-solid fundamentals? Check out our Top 5 Quality Compounder Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate. Join Paid Stock Investor Research Help us make StockStory more helpful to investors like yourself. Join our paid user research session and receive a $50 Amazon gift card for your opinions. Sign up here.
Yahoo
28-04-2025
- Business
- Yahoo
Winners And Losers Of Q1: Churchill Downs (NASDAQ:CHDN) Vs The Rest Of The Consumer Discretionary Stocks
As the Q1 earnings season comes to a close, it's time to take stock of this quarter's best and worst performers in the consumer discretionary industry, including Churchill Downs (NASDAQ:CHDN) and its peers. This sector includes everything from cable TV services to hotel stays to gym memberships. While diverse, the way people buy and experience these products is being upended by the internet and digitization. Consumer discretionary companies are working to adapt to secular trends such as streaming video, online marketplaces for lodging accommodations, and connected fitness. That discretionary purchases are, by definition, something consumers can give up makes it even more imperative for companies in the space to adapt. The 24 consumer discretionary stocks we track reported a satisfactory Q1. As a group, revenues beat analysts' consensus estimates by 1.1% while next quarter's revenue guidance was in line. In light of this news, share prices of the companies have held steady. On average, they are relatively unchanged since the latest earnings results. Famous for hosting the Kentucky Derby, Churchill Downs (NASDAQ:CHDN) operates a horse racing, online wagering, and gaming entertainment business in the United States. Churchill Downs reported revenues of $642.6 million, up 8.7% year on year. This print was in line with analysts' expectations, but overall, it was a mixed quarter for the company with a decent beat of analysts' EPS estimates but a miss of analysts' adjusted operating income estimates. Unsurprisingly, the stock is down 15% since reporting and currently trades at $89.35. Read our full report on Churchill Downs here, it's free. Credited with the creation of toys such as Mr. Potato Head and the Rubik's Cube, Hasbro (NASDAQ:HAS) is a global entertainment company offering a diverse range of toys, games, and multimedia experiences for children and families. Hasbro reported revenues of $887.1 million, up 17.1% year on year, outperforming analysts' expectations by 14.8%. The business had an incredible quarter with a solid beat of analysts' EPS estimates and an impressive beat of analysts' EBITDA estimates. Hasbro pulled off the biggest analyst estimates beat and fastest revenue growth among its peers. The market seems happy with the results as the stock is up 16.1% since reporting. It currently trades at $61.12. Is now the time to buy Hasbro? Access our full analysis of the earnings results here, it's free. A global distributor of vehicle parts and accessories, LKQ (NASDAQ:LKQ) offers its customers a comprehensive selection of high-quality, affordably priced automobile products. LKQ reported revenues of $3.46 billion, down 6.5% year on year, falling short of analysts' expectations by 4.1%. It was a slower quarter as it posted full-year EBITDA guidance missing analysts' expectations. LKQ delivered the weakest performance against analyst estimates in the group. As expected, the stock is down 11.3% since the results and currently trades at $37.39. Read our full analysis of LKQ's results here. One of the 'Big Four' airlines in the US, Delta Air Lines (NYSE:DAL) is a major global air carrier that serves both business and leisure travelers through its domestic and international flights. Delta reported revenues of $14.04 billion, up 2.1% year on year. This number topped analysts' expectations by 1.1%. Taking a step back, it was a mixed quarter as it also logged revenue guidance for next quarter topping analysts' expectations but a miss of analysts' EPS estimates. The stock is up 16.6% since reporting and currently trades at $41.88. Read our full, actionable report on Delta here, it's free. Run by the Boyd family, Boyd Gaming (NYSE:BYD) is a diversified operator of gaming entertainment properties across the United States, offering casino games, hotel accommodations, and dining. Boyd Gaming reported revenues of $991.6 million, up 3.2% year on year. This print beat analysts' expectations by 2.1%. Zooming out, it was a mixed quarter as it also recorded a decent beat of analysts' EPS estimates but a miss of analysts' adjusted operating income estimates. The stock is up 3.3% since reporting and currently trades at $68.14. Read our full, actionable report on Boyd Gaming here, it's free. Thanks to the Fed's rate hikes in 2022 and 2023, inflation has been on a steady path downward, easing back toward that 2% sweet spot. Fortunately (miraculously to some), all this tightening didn't send the economy tumbling into a recession, so here we are, cautiously celebrating a soft landing. The cherry on top? Recent rate cuts (half a point in September 2024, a quarter in November) have propped up markets, especially after Trump's November win lit a fire under major indices and sent them to all-time highs. However, there's still plenty to ponder — tariffs, corporate tax cuts, and what 2025 might hold for the economy. Want to invest in winners with rock-solid fundamentals? Check out our Top 5 Quality Compounder Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate. Join Paid Stock Investor Research Help us make StockStory more helpful to investors like yourself. Join our paid user research session and receive a $50 Amazon gift card for your opinions. Sign up here. Sign in to access your portfolio
Yahoo
25-04-2025
- Business
- Yahoo
Hasbro executives forecast major profit cuts from Trump tariffs; HQ relocation still TBD
A Mr. Potato Head stands vigil outside Hasbro Inc's headquarters on Newport Avenue in Pawtucket. (Photo by Alexander Castro/Rhode Island Current) You wouldn't know there was an escalating global trade war by looking at Hasbro Inc.'s first-quarter balance sheet. But the Pawtucket company's $887 million first-quarter profit doesn't reflect $100 million to $300 million revenue in losses projected for this year as a result of 'reciprocal' tariffs with China and other key international manufacturing hubs for its products. In an earnings call with investors Thursday morning, hours after Hasbro posted its first-quarter financial report, CEO Chris Cocks detailed the challenges that lie ahead for the toy and game empire under President Donald Trump's current tariffs. 'Even with Hasbro's relative strength and flexibility, logistics are becoming more complex and changes in receivables and shipping dynamics present a challenge,' Cocks said. 'Ultimately, tariffs translate into higher consumer prices, potential job losses as we adjust to absorb increased costs, and reduced profits for our shareholders.' There were no specifics shared on layoffs or price hikes. Hasbro has accelerated a shift away from manufacturing in China — where 50% of its toys are made now — and intends to reduce its reliance on Chinese materials and labor to less than 40% of toys by 2026, Gina Goetter, Hasbro chief operating and financial officer, told investors during the call. Other cost-cutting measures on the horizon include 'source optimization' and 'targeted pricing actions.' Together with potential layoffs and 'prioritizing debt reduction,' Goetter estimated the company would see a net profit loss of $60 million to $180 million this year, mostly reflected in the second half of the year. The estimates are based on an existing 145% U.S. tariff on Chinese goods and a 10% tariff on goods from other countries. No mention was made of Hasbro's potential relocation to Massachusetts during the earnings call nor in the financial report. But costs associated with swapping its circa 1900 headquarters on Newport Avenue in Pawtucket for a piece of prime Boston-area real estate could be off the table as uncertainty roils the stock and bond markets. Earlier this month, as Hasbro's stocks plunged to a 52-week low, company executives postponed the headquarters announcement. Originally expected within the first three months of the year, Hasbro now expects to provide 'clarity' on potential moving plans in the summer, Andrea Snyder, a company spokesperson, said previously. Gov. Dan McKee's office was last in touch with Hasbro via email on April 11, Olivia DaRocha, a spokesperson for McKee's office, said in email Friday afternoon. Earlier this month, DaRocha said the administration will 'remain engaged' with Hasbro. The publicly traded international company first opened as a family-owned pencil box maker in Providence, and still employs roughly 1,000 workers in Rhode Island. The economic roller coaster set off by Trump's trade policies has not yet hit home for Hasbro, though. The company saw profits rise 17% compared with a year ago, boosted by a 46% increase in its digital gaming business, featuring Magic: The Gathering and Dungeons & Dragons products. Its digital gaming segment has been shielded from tariffs because its products are made in the U.S., or are digital, executives said. The company has also not revised its guidance to investors on its annual performance. 'While we are dealing with a wide range of potential tariff, retailer and consumer outcomes, our games business and our strategic flexibility give us options,' Goetter told investors on the call. Earnings per diluted share rose to 70 cents per share, up from 42 cents a year ago. Hasbro also saw stocks rebound slightly in the last 30 days. Shares opened at $61.84 Friday morning. Updated to include a response from Gov. Dan McKee's office. SUBSCRIBE: GET THE MORNING HEADLINES DELIVERED TO YOUR INBOX
