---
schema_version: "secwatch.filing_event.v1"
accession: "0000046080-23-000011"
form_type: "8-K"
ticker: "HAS"
cik: "0000046080"
company_name: "HASBRO, INC."
filed_at: "2023-02-16T23:59:59+00:00"
generated_at: "2026-06-19T09:50:14.277833+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Hasbro reports Q4 GAAP loss, FY2022 revenue down 9%; faces $300M headwinds in 2023

## Summary
- 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.

## SEC filing metadata
- accession: 0000046080-23-000011
- form_type: 8-K
- ticker: HAS
- cik: 0000046080
- company_name: HASBRO, INC.
- filed_at: 2023-02-16T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/46080/000004608023000011/0000046080-23-000011-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/46080/000004608023000011/has-20230216.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000046080-23-000011
- JSON: https://secwatch.observer/filing/0000046080-23-000011.json
- Plain text: https://secwatch.observer/filing/0000046080-23-000011.txt

## Key facts
- Earnings Releases
  HASBRO, INC. reported financial results for the fiscal quarter and fiscal year ended December 25, 2022.
  - Period: the fiscal quarter and fiscal year ended December 25, 2022
  - Result: reported results
  source text: On February 16, 2023, Hasbro, Inc. ("Hasbro" or "we") announced its financial results for the fiscal quarter and fiscal year ended December 25, 2022, and certain other financial information. A copy of the press release is furnished herewith as Exhibit 99.1 and is incorporated by reference herein.
  evidence_url: https://www.sec.gov/Archives/edgar/data/46080/000004608023000011/0000046080-23-000011-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.