earnings
confidence high
sentiment negative
materiality 0.75
Hasbro Q3 revenue down 15% to $1.68B; adj. EPS $1.42; reaffirms FY guidance
HASBRO, INC.
2022-Q3 EPS reported
$2.39
revenue$4,178,200,000
- Revenue $1.68B (-15% YoY, -12% constant currency); operating profit $194.3M (-47%).
- Adjusted EPS $1.42 vs $1.96; GAAP EPS $0.93 vs $1.83.
- Reaffirms FY guidance: revenue flat to slightly down in constant currency; adj. operating margin ~16%.
- Expects $250-300M annual cost savings over 3 years; $50M run-rate by end of 2022.