Hasbro (HAS) Tops Q1 EPS by 35c, Revenue Misses

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Hasbro Reports First Quarter 2021 Financial Results

April 27, 2021 6:30 AM EDT

Growth in revenue, operating profit and earnings per share 

First quarter 2021 revenues were $1.11 billion, up 1% Revenue grew 14% in the Consumer Products segment and 15% in the Wizards of the Coast and Digital Gaming segment Entertainment segment revenue reflects expected declines in theatrical and timing of deliveries planned for later in the year Operating profit increased to $147.3 million or 13.2% of revenues; Net earnings grew to $116.2 million or $0.84 per diluted share Adjusted operating profit increased 15% to $174.1 million, or... More