Hasbro(HAS) - 2023 Q1 - Earnings Call Presentation

• POS remains down YOY, but improving from Q4 trends • POS up in Games and Preschool • POS up for PEPPA PIG, PLAY-DOH and TRANSFORMERS • Promotional activity to clear retail inventory • POS does not include MAGIC: THE GATHERING or DUNGEONS & DRAGONS • Operating margin -8.8%; Adjusted Operating margin* -6.8% • Adjusted Operating Profit* decreased due to lower revenues, higher allowances and closeouts to sell through inventory, partially offset by savings from the Company's Operational Excellence program and ...