earnings
confidence high
sentiment negative
materiality 0.75
Hasbro reports Q4 GAAP loss, FY2022 revenue down 9%; faces $300M headwinds in 2023
HASBRO, INC.
2022-FY EPS reported
$1.46
revenue$5,856,700,000
- FY2022 revenue $5.86B (-9% YoY); Q4 revenue $1.68B (-17%).
- Q4 GAAP operating loss $125.7M; adjusted operating profit $269.2M (+22%).
- Q4 GAAP EPS loss $0.93; adjusted EPS $1.31 (+8% YoY).
- Magic: The Gathering becomes first billion-dollar brand; Wizards of the Coast record.
- 2023 facing ~$300M headwinds from exited licenses, brands, markets, and FX.