Hasbro (HAS) Stock Rises on Q1 Earnings and Revenue Beat

Hasbro, Inc. (HAS) reported first-quarter 2024 results, wherein earnings and revenues beat the Zacks Consensus Estimate after missing in the preceding quarter. Following the results, the stock rose 5% in the pre-market trading session on Apr 23.Gina Goetter, chief financial officer at Hasbro, said the company’s first-quarter turnaround endeavors had seen substantial advancement. It achieved anticipated revenues and experienced notable enhancements in operating profit, primarily attributable to its operation ...