Hasbro (HAS) shares surged Thursday after the toy maker posted better-than-expected results for the first quarter and agreed to extend a licensing deal with Disney (DIS).

The toy and board game giant reported adjusted 澳洲幸运5官方开奖结果体彩网:earnings per share (EPS) of $1.04 on revenue that jumped 17% year-over-yea♎r to $887.1 million, topping analysts' estimates compiled by Visible Alpha.

CEO Chris Cocks said the company's new "Playing to Win" strategy that it 澳洲幸运5官方开奖结果体彩网:unveiled last quarter, with plans to generate consistent revenue growth through 2027, is "delive༺ring in a challenging environment" so far this year.

Hasbro Maintains Outlook, For Now

"Given the uncertainty of the current tariff environment," Hasbro said it is not yet changing the full-year forecasts it announced in February. At the time, Hasbro said it expected "slight" revenue growth in 2025, with adjusted EBITDA forecast between $1🎐.1 billion and $1.15 billion.

Separately Thursday, Hasbro said it agreed to extend its long-running licensing deal with Disney, allowing the toy company to continue making toys and games tied to Disney franchises like Marvel and Star Wars.

Hasbro shares were u♎p 13% in early trading Thursday, and have add𒁃ed about 7% since the start of 2025.