Hasbro (HAS) Tops Q1 EPS by 1c, Revenues Beats; Reaffirms
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Hasbro Reports First Quarter 2023 Financial Results
April 27, 2023 6:30 AM EDTCompany Reiterates Full-year 2023 Financial Guidance as Turnaround Efforts Progress and MAGIC: THE GATHERING Growth Continues
PAWTUCKET, R.I.--(BUSINESS WIRE)-- Hasbro, Inc. (NASDAQ: HAS), a global branded entertainment leader, today reported financial results for the first quarter 2023.
First quarter revenues of $1.00 billion declined 14% year-over-year, or 13% on a constant currency basis. MAGIC: THE GATHERING revenue increases 16% Year-Over-Year First quarter operating profit of $17.9 million and adjusted operating profit of $47.2 million. First quarter net loss of $22.1 million, or a net... More