Hasbro (HAS) Tops Q2 EPS by 20c

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Go back to Hasbro (HAS) Tops Q2 EPS by 20c

Hasbro Reports Growth in Revenues, Operating Profit, Net Earnings and EBITDA

July 19, 2022 6:30 AM EDT

Second Quarter 2022

Net revenues increased 1% to $1.34 billion Revenues up 4% absent an unfavorable $32.7 million impact of foreign exchange Consumer Products segment revenues up 7%; up 9% absent the impact of foreign exchange Wizards of the Coast and Digital Gaming segment revenues up 3%; up 5% absent the impact of foreign exchange Entertainment segment revenues declined 18% driven by the sale of the music business in the beginning of the third quarter 2021; down 16% absent the impact of foreign exchange; and down 4% excluding the Music business Operating profit of... More