Hasbro Reports Third Quarter 2020 Financial Results

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Hasbro (HAS) Tops Q3 EPS by 3c, Revenues Beat

October 26, 2020 6:30 AM EDT

Hasbro (NASDAQ: HAS) reported Q3 EPS of $1.61, $0.03 better than the analyst estimate of $1.58. Revenue for the quarter fell 4% to $1.78 billion versus the consensus estimate of $1.73 billion.

Revenue grew 9% in the U.S. and Canada segment and 7% in the European region; revenue grew 50% in ecomm channels globally.

"Hasbro's third quarter performance was the result of great work from our global team and continued growing consumer demand for Hasbro brands in most... More