Chris Cocks
๐ค SpeakerAppearances Over Time
Podcast Appearances
On Apple, Spotify, YouTube or wherever you get your podcasts.
Well, we're really pleased with the quarterly results.
And I think it's beyond just Wizards.
Our licensing business is up.
Our toy business returned to growth, growing 7% in the quarter.
And then, of course, Wizards had just a remarkable quarter and a remarkable year.
sequentially just growing more and more as we went through the year and we're seeing that momentum continue into this year.
I think the year was really punctuated as you kind of said in the lead-up by Magic the Gathering.
You know that business is over 1.7 billion dollars now.
It grew nearly 60 percent last year and that's on top of a kegger over the last 10 years of 16 percent per year.
So I think it's a testament to a great team.
I think it's a testament to a great game and a fantastic fandom.
Well, I think for us, what we saw was sequential improvement as we went through the holiday.
We had a great Black Friday and Cyber Monday.
There was a little bit of a dip in like the first and second week in December, but then the end of the month ended with a real bang.
You know, for Hasbro, our toy division grew share, I think 18 of the last 20 weeks of the year.
And I think that was on the strength of really good entertainment, really quality toys.
We had a great year for Beyblade, Transformers, Marvel, our Peppa Pig business returned to growth in the back half, and then our board game business did pretty well.
What I think maybe you're seeing across divergent results across different toy companies is really, you know, it's tough to say there's one toy market.
I think it's a tale of two cities.