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Hasbro (HAS) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates
Zacks Investment Research· 2024-02-13 15:36
For the quarter ended December 2023, Hasbro (HAS) reported revenue of $1.29 billion, down 23.2% over the same period last year. EPS came in at $0.38, compared to $1.31 in the year-ago quarter.The reported revenue represents a surprise of -6.17% over the Zacks Consensus Estimate of $1.37 billion. With the consensus EPS estimate being $0.64, the EPS surprise was -40.63%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expec ...
Hasbro stock plunges after revenue drop, downbeat outlook
CNBC· 2024-02-13 13:42
A monopoly game sits under the Hasbro logo during Brand Licensing Europe at ExCel on November 18, 2021 in London, England.Toy company Hasbro reported a more than 20% hit to its fourth-quarter revenue and issued a downbeat 2024 forecast Tuesday morning. Shares of the company plunged about 10% in premarket trading.Here's how Hasbro performed in the fourth quarter compared with estimates from LSEG, formerly known as Refinitiv:Earnings per share: 38 cents vs. 66 cents per share expected.Revenue: $1.29 billion v ...
Hasbro(HAS) - 2023 Q4 - Earnings Call Presentation
2024-02-13 13:02
Reconciliation of EBITDA and Adjusted EBITDA (1) Quarter Ended Year Ended | --- | --- | --- | --- | --- | --- | --- | --- | --- | |---------------------------------------------------------------------------------|-------|---------------------|-------|---------------------|-------|---------------------|-------|---------------------| | | | December 31. \n2023 | | December 25. \n2022 | | December 31, \n2023 | | December 25, \n2022 | | Net Earnings (Loss) Attributable to Hasbro, Inc. | � | (1,061.1) | ട | (128. ...
Hasbro's stock plunges toward worst day in four years after profit falls well below expectations
Market Watch· 2024-02-13 11:39
Shares of Hasbro Inc. HAS, +1.38% plunged 12.1% toward their worst performance in four years in premarket trading Tuesday, after the toy maker reported fourth quarter results that fell well short of expectations, amid sharp drops in consumer and entertainment sales. Net losses jumped to $1.06 billion, or $7.64 a share, from $128.9 million, or 93 cents a share, in the year-ago period. Excluding nonrecurring items, such as impairment of goodwill, adjusted earnings per share of 38 cents was down from $1.31 an ...
Hasbro Reports Fourth Quarter and Full Year 2023 Financial Results
Businesswire· 2024-02-13 11:30
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 and g ...
Dungeons & Dragons Celebrates 50th Anniversary in 2024 with More than 50 Million Fans
Prnewswire· 2024-02-12 18:00
Wizards of the Coast looks back on five decades of gaming history and looks forward to updating THE WORLD'S GREATEST ROLEPLAYING GAME(tm) for all audiences RENTON, Wash., Feb. 12, 2024 /PRNewswire/ -- Out of a small cobbler's home in Lake Geneva, Wisconsin in 1974, generations of dreamers and adventure-seekers were inspired with the publication of the first version of Dungeons & Dragons. The tiny black text and line drawings printed on those first pamphlets have grown into beautifully illustrated tomes, met ...
Should You Buy Hasbro (HAS) Ahead of Earnings?
Zacks Investment Research· 2024-02-12 15:00
Investors are always looking for stocks that are poised to beat at earnings season and Hasbro, Inc. (HAS) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because Hasbro is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a pretty good indicator ...
Hasbro to Announce Fourth Quarter and Full Year 2023 Earnings on February 13, 2024
Businesswire· 2024-01-23 21:16
PAWTUCKET, R.I.--(BUSINESS WIRE)--Hasbro, Inc. (NASDAQ: HAS) announced today that the company’s fourth quarter and full year financial results will be released before the market open on Tuesday, February 13, 2024. Hasbro will webcast its fourth quarter and full year 2023 earnings conference call at 8:30 a.m. Eastern Time. Certain financial and statistical information included in the webcast, such as information required by Regulation G, will be available at the time of the webcast on Hasbro’s Investor Rela ...
Red Sea and Panama Canal disruptions may snarl supply chains, but these two toy makers appear well-positioned
Market Watch· 2024-01-11 20:59
The Houthi attacks on cargo ships in the Red Sea and the drought conditions impacting the Panama Canal have sparked concern about the impact on global supply chains.Last week, for example, British clothes seller Next PLC warned that the Houthi attacks could disrupt the company’s supply chains and delay U.K. deliveries by up to two and a half weeks, and there are worries about potential disruption for American retailers.The Red Sea is a critical shipping lane for cargo traveling through the Suez Canal, which ...
Ultra PRO Reveals Magic: The Gathering 30th Anniversary Gaming Accessories Collection
Prnewswire· 2024-01-11 02:54
In addition to the extra attention on each item, this collection also debuts Ultra PRO's new APEX® Deck Protector® sleeves, which have been in development for two years. The fully opaque sleeves offer a top-notch shuffle experience and are made to perform and last. The APEX® brand features vibrant designs on a textured material and can withstand the rigors of repeated play. "This is a leap forward in the evolution of card sleeves," says Justin Cole, Director of Business Development – Accessories. "Everyon ...