Hasbro's (HAS) FQ4 report misses on top and bottom lines, stock dives

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Go back to Hasbro's (HAS) FQ4 report misses on top and bottom lines, stock dives

Hasbro Reports Fourth Quarter and Full Year 2023 Financial Results

February 13, 2024 6:30 AM EST

Issues 2024 Guidance with Improved Profit Growth and Declares Quarterly Dividend

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

Guided by our strategy of Fewer, Bigger, Better, we had important wins across both toys and games while making progress in our transformation during a challenging 2023. Despite the macroeconomic backdrop, we are entering 2024 with a healthier balance sheet, a leaner cost structure, and a diverse portfolio of industry-leading toy... More