Hasbro (HAS) shares jumped more than 11% Thursday after the toymaker posted better-than-expected results and unveiled a new strategy of raising revenue yearly through 2027.

The company behind  澳洲幸运5开奖号码历史查询:"Dungeons & Dragons" fantasy games and Transformers action figures posted a fourth-quarter revenue decline of 15% year-on-year to $1.10 billion and adjusted 澳洲幸运5开奖号码历史查询:earnings per share (EPS) of 46 cents. Both topped consensus estimates from Visible Alpha🐻.

Hasbro also projected for revenue to rise “slightly” in 2025 and adjusted EBITDA in th𓃲e range of  $1.1 billion to $1.15 billion. The outlook, it said, “includes the anticipated impact of US tariffs on imports from China and potential tariffs on Mexico and Canada imports as announced” on  Feb. 1, 2025, but ❀does not include new tariff actions after that date.

At the start of this month, U.S. President Donald Trump announced 25% tariffs on U.S. imports from Mexico and Canada, as well as an added 10% on 澳洲幸运5开奖号码历史查询:Chinese products. The tariffs on Mexi⭕co and Canada have been🍬 paused for a month but those on China have taken effect.

Hasbro's New Strategy Calls for Growth in Revenue Through 2027

Separately on Thursday, the toymaker — which like rival Mattel (MAT) makes a lot of its goods in China — also projected a more long-term strategy. It announced a ne🍌w strategy of generating an average of mid-single digit revenueꦅ growth through 2027. In a note last week before the results, JPMorgan said around 50% of Hasbro's revenues are sourced out of China.

“Our new strategy is grounded in the key insights which will drive Hasbro’s evolution into a modern play company: serving fans of all ages around the world at every price point, and meeting fans where they are playing, which is increasingly online,” 澳洲幸运5开奖号码历史查询:Chief Executive Officer (CEO) Chris Cocks said.

Hasbro 🌸shares have gained more than 30% in the past 12 months.