Hasbro Q2 2022 revenue up 1% to $1.34B; adjusted EPS $1.15; D&D Beyond acquisition closed

HASBRO, INC.

2022-Q2 EPS reported $1.46 revenue$2,502,300,000

Net revenues increased 1% to $1.34B; up 4% excluding $32.7M FX headwind.
Operating profit $219.1M; adjusted operating profit up 14% to $241.0M, margin expanded 200 bps.
Net earnings $142.0M ($1.02 diluted EPS) vs loss of $22.9M in Q2 2021; adjusted EPS $1.15.
Completed D&D Beyond acquisition for $146.3M; returned $221.4M via dividends and share repurchases.
Consumer Products segment revenue up 7%; Wizards of the Coast up 3%; Entertainment down 18%.

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