{"schema_version":"secwatch.filing_event.v1","accession":"0000046080-23-000008","form_type":"8-K","ticker":"HAS","cik":"0000046080","company_name":"HASBRO, INC.","filed_at":"2023-01-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:47.703644+00:00","generated_at":"2026-06-20T07:28:35.760692+00:00","sec_items":["2.02","5.02","8.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.82,"calibrated_materiality_score":0.82,"confidence":"high","headline":"Hasbro reports Q4 revenue down 17% YoY, announces ~1,000 job cuts and COO departure","bullets":["Preliminary Q4 revenue ~$1.68B, down 17% YoY; adjusted EPS $1.29-$1.31.","Consumer Products segment revenue down 26% YoY to ~$1.0B; Wizards of the Coast +22% to $339M.","Company eliminating ~1,000 positions (15% of global full-time workforce) in 2023.","Eric Nyman, President and COO, departing effective March 31, 2023.","Targeting $250-300M annual cost savings by end of 2025."],"urls":{"canonical":"https://secwatch.observer/filing/0000046080-23-000008","json":"https://secwatch.observer/filing/0000046080-23-000008.json","markdown":"https://secwatch.observer/filing/0000046080-23-000008.md","text":"https://secwatch.observer/filing/0000046080-23-000008.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/46080/000004608023000008/0000046080-23-000008-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/46080/000004608023000008/has-20230126.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T07:28:35.760692+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"08445c922cbf889eaae000405e4c202edc8e2805","claim":"HASBRO, INC. reported the fiscal quarter ended December 25, 2022 results: revenue approximately $1.68 billion, EPS Preliminary earnings loss per share of $1.00 to $0.93.","evidence_excerpt":"Preliminary Financial Results Fourth Quarter 2022 Selected Preliminary Results • Preliminary fourth quarter 2022 revenue of approximately $1.68 billion, down 17% year-over-year; down approximately 14% in constant currency. • Wizards of the Coast and Digital Gaming segment revenue of approximately $339 million, up 22% year-over-year; Consumer Products segment revenue of approximately $1.0 billion, down 26% year-over-year; and Entertainment segment revenue of approximately $335 million, down 12% year-over-year. • Preliminary operating loss margin of 8.3% to 7.5%; Preliminary adjusted operating profit margin of 15.8% to 16.0%, excluding total pre-tax charges of approximately $300 million associated with changes in entertainment and business plans as part of the Blueprint 2.0 strategy, approximately $21 million in pre-tax charges related to amortization of costs from the eOne acquisition, and cash charges of approximately $78 million associated with workforce reductions and related fees as","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/46080/000004608023000008/0000046080-23-000008-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal quarter ended December 25, 2022"},{"label":"Revenue","value":"approximately $1.68 billion"},{"label":"EPS","value":"Preliminary earnings loss per share of $1.00 to $0.93"},{"label":"Result","value":"preliminary results"}],"fact_type":"earnings_release"},{"claim_id":"b559d4359e552f5ec89364f9ea4efac18b1aa27e","claim":"HASBRO, INC. reported the fiscal year ended December 25, 2022 results: revenue approximately $5.86 billion, EPS Preliminary earnings per diluted share of $1.40 to $1.46.","evidence_excerpt":"Full-Year 2022 Selected Preliminary Results • Preliminary full-year 2022 revenue of approximately $5.86 billion, down 9% year-over-year; down approximately 6% in constant currency. • Wizards of the Coast and Digital Gaming segment revenue of approximately $1.33 billion, up 3% year-over-year; Consumer Products segment revenue of approximately $3.57 billion, down 10% year-over-year; and Entertainment segment revenue of approximately $959 million, down 17% year-over-year and down 12% excluding $65 million of revenue associated with the music business which was sold in 2021. • Preliminary operating profit margin of 6.7% to 7.0%; Preliminary adjusted operating profit margin of 15.7% to 15.8%, excluding total pre-tax charges of approximately $520 million, including the Q4 charges described above and $120 million recognized through the third quarter 2022. • Preliminary earnings per diluted share of $1.40 to $1.46; Preliminary adjusted earnings per diluted share of $4.43 to $4.45, excluding th","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/46080/000004608023000008/0000046080-23-000008-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal year ended December 25, 2022"},{"label":"Revenue","value":"approximately $5.86 billion"},{"label":"EPS","value":"Preliminary earnings per diluted share of $1.40 to $1.46"},{"label":"Result","value":"preliminary results"}],"fact_type":"earnings_release"},{"claim_id":"8329941124","claim":"Eric Nyman departed as President and Chief Operating Officer at HASBRO, INC..","evidence_excerpt":"On January 26, 2023, the Company announced that Eric Nyman, President and Chief Operating Officer, will be leaving the Company effective March 31, 2023.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/46080/000004608023000008/0000046080-23-000008-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"leaving"},{"label":"Role","value":"President and Chief Operating Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}