{"schema_version":"secwatch.filing_event.v1","accession":"0000046080-23-000039","form_type":"8-K","ticker":"HAS","cik":"0000046080","company_name":"HASBRO, INC.","filed_at":"2023-04-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:41.861546+00:00","generated_at":"2026-06-16T09:45:57.225891+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Hasbro Q1 revenue down 14% to $1.00B; net loss $0.16/share; Magic growth 16%","bullets":["Revenue of $1.001B (-14% YoY); net loss $0.16/diluted share; adj. EPS $0.01.","Magic: The Gathering revenue increased 16% YoY; Wizards segment grew 12%.","Operating profit $17.9M (GAAP), adjusted $47.2M; $35M cost savings YTD.","Reaffirms FY2023 guidance including $150M run-rate cost savings.","CFO Deborah Thomas retiring May 18; eOne TV/film sale update expected Q2."],"urls":{"canonical":"https://secwatch.observer/filing/0000046080-23-000039","json":"https://secwatch.observer/filing/0000046080-23-000039.json","markdown":"https://secwatch.observer/filing/0000046080-23-000039.md","text":"https://secwatch.observer/filing/0000046080-23-000039.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/46080/000004608023000039/0000046080-23-000039-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/46080/000004608023000039/has-20230427.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T09:45:57.225891+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":"7b06eac0309ae790c5143067593ff4244921accd","claim":"HASBRO, INC. reported first quarter 2023 results: revenue $1.00 billion, net income net loss of $22.1 million, EPS net loss of $0.16 per share. Guidance reaffirmed.","evidence_excerpt":"Hasbro Reports First Quarter 2023 Financial Results Company Reiterates Full-year 2023 Financial Guidance as Turnaround Efforts Progress and MAGIC: THE GATHERING Growth Continues Pawtucket, R.I., April 27, 2023 -- Hasbro, Inc. (NASDAQ: HAS), a global branded entertainment leader, today reported financial results for the first quarter 2023. • First quarter revenues of $1.00 billion declined 14% year-over-year, or 13% on a constant currency basis. ◦ MAGIC: THE GATHERING revenue increases 16% Year-Over-Year • First quarter operating profit of $17.9 million and adjusted operating profit of $47.2 million. • First quarter net loss of $22.1 million, or a net loss of $0.16 per share, and adjusted net income of $1.0 million, or $0.01 per diluted share. • Company realizes $35 million in Operational Excellence program cost savings year-to-date. Reaffirms guidance for $150 million run-rate savings for full-year 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/46080/000004608023000039/0000046080-23-000039-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter 2023"},{"label":"Revenue","value":"$1.00 billion"},{"label":"Net income","value":"net loss of $22.1 million"},{"label":"EPS","value":"net loss of $0.16 per share"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}