secwatch.observer — SEC 8-K summary
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Issuer:     HASBRO, INC. (HAS)
CIK:        0000046080
Form:       8-K
Filed at:   2024-04-24T23:59:59+00:00
Accession:  0000046080-24-000079
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hasbro Q1 2024: adjusted EPS $0.61; revenue -24% (-9% ex-eOne); margins improve
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- Adjusted operating profit $148.6M (+$101.4M vs PY) with margin 19.6% (+14.9 pts).
- Wizards of the Coast/Digital Gaming revenue +7% driven by Baldur's Gate 3 and Monopoly Go! licensing.
- Consumer Products revenue -21% on industry trends and inventory cleanup; FURBY/FURBLETS strong.
- Operating cash flow $177.8M vs $88.8M PY; owned inventory -53% overall, Consumer Products -57%.
- Paid $97.2M in dividends; reiterated full-year commitments.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/46080/000004608024000079/0000046080-24-000079-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/46080/000004608024000079/has-20240424.htm
  HTML page:      https://secwatch.observer/filing/0000046080-24-000079

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer