Hasbro Reports Third Quarter 2023 Financial Results

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Go back to Hasbro Reports Third Quarter 2023 Financial Results

Toymaker Hasbro falls on weak Q3 results, soft outlook

October 26, 2023 6:54 AM EDT

Hasbro (NASDAQ: HAS) shares are down 8.7% in pre-open Thursday after the toymaker reported worse-than-expected results for the third quarter.

The company reported Q3 EPS of $1.64, $0.13 worse than the analyst estimate of $1.77. Revenue for the quarter came in at $1.5 billion, also below the consensus... More

Hasbro (HAS) Misses Q3 EPS by 13c; sees FY Revenue decline of 13 - 15%

October 26, 2023 6:33 AM EDT

Hasbro (NASDAQ: HAS) reported Q3 EPS of $1.64, $0.13 worse than the analyst estimate of $1.77. Revenue for the quarter came in at $1.5 billion versus the consensus estimate of $1.64 billion.

GUIDANCE:

The Company now expects:

Revenue decline of 13 - 15% driven by softer toy... More