Toymaker Hasbro falls on weak Q3 results, soft outlook

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Hasbro Reports Third Quarter 2023 Financial Results

October 26, 2023 6:30 AM EDT

Games and Digital Drive Strong Adjusted Profit and Margin Growth

PAWTUCKET, R.I.--(BUSINESS WIRE)-- Hasbro, Inc. (NASDAQ: HAS), a leading toy and game company, today reported financial results for the third quarter 2023.

Our third quarter results highlight the strength of Hasbros diversified toy and game portfolio and the progress we have made on our transformation, said Chris Cocks, Hasbro chief executive officer. Wizards of the Coast and Digital Gaming delivered a standout performance across strength in MAGIC: THE GATHERING and DUNGEONS & DRAGONS, particularly the... More