Hasbro (HAS) Misses Q4 EPS by 1c
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Hasbro Reports Fourth Quarter and Full-Year 2022 Financial Results
February 16, 2023 6:30 AM ESTIssues 2023 Guidance and Provides Update to Medium and Long-term Financial Targets
PAWTUCKET, R.I.--(BUSINESS WIRE)-- Hasbro, Inc. (NASDAQ: HAS), a global branded entertainment leader, today reported financial results for the fourth quarter and full-year 2022.
Full-year revenues of $5.86 billion were down 9% year-over-year, a decline of 6% on a constant currency basis. Operating profit of $407.7 million, or 7.0% operating profit margin, and adjusted operating profit of $922.5 million, or 15.8% adjusted operating profit margin.
Fourth quarter revenues of $1.68 billion, down 17% year-over-year, a decline of 14% on a constant currency basis. Operating loss of... More
