---
schema_version: "secwatch.filing_event.v1"
accession: "0000046080-23-000093"
form_type: "8-K"
ticker: "HAS"
cik: "0000046080"
company_name: "HASBRO, INC."
filed_at: "2023-10-26T23:59:59+00:00"
generated_at: "2026-06-09T09:05:01.606109+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Hasbro Q3 revenue down 10%; operating loss $169.5M; Wizards of the Coast up 40%

## Summary
- Q3 revenue $1,503.4M (-10% YoY); GAAP net loss $171.1M ($1.23 diluted loss); adjusted EPS $1.64.
- Wizards of the Coast & Digital Gaming revenue +40% driven by Baldur's Gate III and Monopoly Go! ($63M incremental).
- Consumer Products revenue -18% due to exited licenses and softer category trends; inventory down 34%.
- Operating loss of $169.5M includes $473M pre-tax loss on assets held for sale (eOne Film & TV business).
- 2023 guidance: lower Consumer Products outlook; on track for ~$200M cost savings; eOne sale expected by year-end.

## SEC filing metadata
- accession: 0000046080-23-000093
- form_type: 8-K
- ticker: HAS
- cik: 0000046080
- company_name: HASBRO, INC.
- filed_at: 2023-10-26T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/46080/000004608023000093/0000046080-23-000093-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/46080/000004608023000093/has-20231026.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000046080-23-000093
- JSON: https://secwatch.observer/filing/0000046080-23-000093.json
- Plain text: https://secwatch.observer/filing/0000046080-23-000093.txt

## Key facts
- Earnings Releases
  HASBRO, INC. reported the third quarter 2023 results: revenue $1,503.4, net income $(171.1), EPS $(1.23). Guidance reaffirmed.
  - Period: the third quarter 2023
  - Revenue: $1,503.4
  - Net income: $(171.1)
  - EPS: $(1.23)
  - Guidance: reaffirmed
  - Result: reported results
  source text: by year end. Third Quarter and Year-to-Date 2023 Financial Results $ Millions, except earnings per share Q3 2023 Q3 2022 % Change YTD 2023 YTD 2022 % Change Net Revenues 1 $ 1,503.4 $ 1,675.9 -10% $ 3,714.4 $ 4,178.2 -11% Operating Profit (Loss) $ (169.5) $ 194.3 >-100% $ (340.2) $ 533.4 >-100% Adjusted Operating Profit 2 $ 342.6 $ 270.5 27% $ 526.6 $ 653.3
  evidence_url: https://www.sec.gov/Archives/edgar/data/46080/000004608023000093/0000046080-23-000093-index.htm

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