secwatch.observer — SEC 8-K summary
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Issuer:     HASBRO, INC. (HAS)
CIK:        0000046080
Form:       8-K
Filed at:   2025-02-20T23:59:59+00:00
Accession:  0000046080-25-000008
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hasbro FY2024 adj. EPS $4.01; revenue down 7% excl. eOne; guides 2025
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- Full year revenue declined 17% (7% excl. eOne); adjusted operating profit $839M (+$362M YoY) with margin 20.3%.
- Adjusted EPS $4.01 vs. reported $2.75; Wizards segment revenue +4% driven by Digital/Licensed gaming +22% (Monopoly Go! $112M).
- Consumer Products revenue -12%; Entertainment -88% (ex-eOne -4%); inventory down 17% vs. prior year.
- Operating cash flow $847M vs. $726M; paid $390M dividends, reduced debt $83M; quarterly dividend declared.
- 2025 guidance issued (specifics not disclosed in excerpt); management cites growth opportunities in toys and games.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/46080/000004608025000008/0000046080-25-000008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/46080/000004608025000008/has-20250220.htm
  HTML page:      https://secwatch.observer/filing/0000046080-25-000008

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