---
schema_version: "secwatch.filing_event.v1"
accession: "0000046080-24-000008"
form_type: "8-K"
ticker: "HAS"
cik: "0000046080"
company_name: "HASBRO, INC."
filed_at: "2024-02-13T23:59:59+00:00"
generated_at: "2026-06-06T03:54:17.006651+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Hasbro reports FY2023 revenue down 15%, operating loss of $1.54B; issues profit growth guidance for 2024

## Summary
- Full year revenue declined 15% YoY; Q4 revenue down 23% YoY; Wizards of the Coast segment up 10%.
- Operating loss of $1,539M includes $1.3B non-cash goodwill and intangible impairment; adjusted operating profit $477M.
- Reported net loss $10.73 per share; adjusted diluted EPS $2.51; Q4 adjusted EPS $0.38.
- Owned inventory reduced 51% YoY; debt reduced by $506M; paid $388M in dividends.
- 2024 guidance expects significant profit growth across segments, building on transformation and cost savings.

## SEC filing metadata
- accession: 0000046080-24-000008
- form_type: 8-K
- ticker: HAS
- cik: 0000046080
- company_name: HASBRO, INC.
- filed_at: 2024-02-13T23:59:59+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/46080/000004608024000008/0000046080-24-000008-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/46080/000004608024000008/has-20240213.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000046080-24-000008
- JSON: https://secwatch.observer/filing/0000046080-24-000008.json
- Plain text: https://secwatch.observer/filing/0000046080-24-000008.txt

## Key facts
- Earnings Releases
  HASBRO, INC. reported the fiscal quarter ended December 31, 2023 results: net income $7.64 per share, EPS $7.64 per share.
  - Period: the fiscal quarter ended December 31, 2023
  - Net income: $7.64 per share
  - EPS: $7.64 per share
  - Result: reported results
  source text: Net loss of $7.64 per share; adjusted net earnings of $0.38 per diluted share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/46080/000004608024000008/0000046080-24-000008-index.htm
- Earnings Releases
  HASBRO, INC. reported the fiscal year ended December 31, 2023 results: net income $10.73 per share, EPS $10.73 per share.
  - Period: the fiscal year ended December 31, 2023
  - Net income: $10.73 per share
  - EPS: $10.73 per share
  - Result: reported results
  source text: On February 13, 2024, Hasbro, Inc. ("Hasbro" or "we") announced its financial results for the fiscal quarter and fiscal year ended December 31, 2023, and certain other financial information.
  evidence_url: https://www.sec.gov/Archives/edgar/data/46080/000004608024000008/0000046080-24-000008-index.htm

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