earnings
confidence high
sentiment neutral
materiality 0.70
Hasbro Q1 revenue up 4% to $1.16B; adjusted EPS $0.57, down 43% YoY
HASBRO, INC.
2022-Q1 EPS reported
$0.44
revenue$1,163,100,000
- GAAP EPS $0.44, adjusted EPS $0.57; net earnings $61.2M, down 47% YoY.
- Revenue $1.16B, up 4% (6% ex-FX); Wizards +9%, Consumer Products +3%, Entertainment +4%.
- Adjusted operating profit $141.8M (12.2% margin), down 19% YoY; guides to mid-single digit adj. op. profit growth.
- Paid $94.5M dividends; plans $75-$150M share repurchase in 2022.
- Cash $1.06B; targeting gross debt/adjusted EBITDA of 2.0-2.5x by 2023.