secwatch.observer — SEC 8-K summary
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Issuer:     HASBRO, INC. (HAS)
CIK:        0000046080
Form:       8-K
Filed at:   2022-10-18T23:59:59+00:00
Accession:  0000046080-22-000119
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hasbro Q3 revenue down 15% to $1.68B; adj. EPS $1.42; reaffirms FY guidance
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/46080/000004608022000119/0000046080-22-000119-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/46080/000004608022000119/has-20221018.htm
  HTML page:      https://secwatch.observer/filing/0000046080-22-000119

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer