Cynthia Williams
On April 15, 2024, Cynthia Williams, President of Wizards of the Coast and Hasbro Gaming, informed the Company of her resignation from the Company effective April 26, 2024.
Highest-materiality recent filing
John Hight will cease as President of Wizards of the Coast on Sept 1, 2026, and become Advisor reporting to CEO through Sept 2, 2027.
Hasbro Q2 revenue up 16%; Magic: The Gathering tops $500M; raises FY 2026 outlook
Q2 revenue +16% YoY; reported EPS $1.12, adjusted EPS $1.28.
Hasbro shareholders elect all 11 director nominees, approve say-on-pay, ratify KPMG
All 11 board nominees elected; top vote-getter Douglas Bowser with 110.6M for, 169.7K against.
Hasbro Q1 revenue up 13% driven by Magic: The Gathering (+36%); EPS $1.47 adjusted
Revenue growth led by Wizards & Digital Gaming (+26%); Magic: The Gathering up 36%.
Preliminary Q1 revenue $970M-$985M (+9-11% YoY); operating profit $235M-$245M (+38-44%); adjusted op profit $250M-$260M (+12-17%).
Hasbro reports unauthorized network access on March 28, 2026; systems taken offline
Identified unauthorized access to network on March 28, 2026; activated security response and containment measures.
Hasbro issues $400M of 4.650% notes due 2031
Issued $400M aggregate principal amount of 4.650% senior unsecured notes due March 12, 2031.
Hasbro enters $1.1B revolver maturing 2031, extends prior facility by ~2.5 years
New $1.1B senior unsecured revolving credit facility, maturity extended to Feb 20, 2031 (from Sept 5, 2028).
Hasbro reports FY 2025 revenue up 14%, adjusted EPS $5.54, announces $1B buyback
Full-year 2025 revenue increased 14% YoY, with Wizards segment up 45% (MAGIC up 59%).
Hasbro appoints Doug Bowser (ex-Nintendo) and Carla Vernón (Honest Co. CEO) to board
Doug Bowser, former President & COO of Nintendo of America, and Carla Vernón, CEO of The Honest Company, join Hasbro's board.
Hasbro Q3 adj EPS $1.68, revenue +8%, MAGIC +55%; lifts FY outlook
Revenue up 8% YoY; reported EPS $1.64, adjusted EPS $1.68.
Hasbro Q2 adjusted EPS $1.30, raises outlook; Magic: The Gathering drives Wizards growth
Adjusted EPS $1.30 (up $0.08 YoY); GAAP net loss $6.10/share includes $1B goodwill impairment.
Hasbro shareholders elect all director nominees, approve say-on-pay and KPMG
All 10 director nominees elected with 89-99% support; 91.03% of shares represented at May 21 meeting.
Hasbro Q1 revenue up 17%, EPS $0.70 GAAP / $1.04 adjusted, Wizards segment surges
Revenue grew 17% YoY; operating profit $171M (19.2% margin); adjusted op profit $222M (25.1% margin).
Hasbro FY2024 adj. EPS $4.01; revenue down 7% excl. eOne; guides 2025
Full year revenue declined 17% (7% excl. eOne); adjusted operating profit $839M (+$362M YoY) with margin 20.3%.
Hasbro Q3 revenue down 15%, adjusted EPS $1.73; maintains FY EBITDA guidance
Q3 reported net earnings $1.59/diluted share; adjusted net earnings $1.73/diluted share.
Hasbro Q2 adjusted EPS $1.22, raises full-year guidance; Wizards segment up 20%
Revenue declined 18% overall (6% ex-eOne divestiture); adjusted operating profit $249M (+$112M YoY).
Hasbro extends CEO Cocks' contract to Dec 2027; target bonus raised to 175%
CEO Christian Cocks' employment term extended to Dec 31, 2027, with automatic one-year renewals.
Hasbro shareholders elect all 11 directors and approve all four proposals at 2024 annual meeting
All 11 director nominees elected with over 110M votes each; highest abstentions on Lisa Gersh (6.5M against).
Hasbro prices $500M 6.050% senior notes due 2034
Issued $500M aggregate principal of 6.050% notes maturing May 14, 2034.
Hasbro Q1 2024: adjusted EPS $0.61; revenue -24% (-9% ex-eOne); margins improve
Adjusted operating profit $148.6M (+$101.4M vs PY) with margin 19.6% (+14.9 pts).
Hasbro's Wizards of the Coast President Cynthia Williams resigns effective April 26, 2024
Cynthia Williams, President of Wizards of the Coast and Hasbro Gaming, resigned effective April 26, 2024.
Hasbro appoints three new directors from gaming/consumer brands; three retiring
Frank Gibeau (Zynga/Take-Two), Darin Harris (Jack in the Box), Owen Mahoney (ex-Nexon CEO) appointed to board effective March 21, 2024.
Full year revenue declined 15% YoY; Q4 revenue down 23% YoY; Wizards of the Coast segment up 10%.
Hasbro completes eOne film/TV sale to Lionsgate for $375M; to retire $400M debt
Sale of eOne film/TV business to Lionsgate closed Dec 27, 2023 for $375M cash plus assumption of production loans.
Hasbro announces additional ~900 job cuts; raises cost-savings target to $350-400M by 2025
Additional 900 positions eliminated (total ~1,900); expected to be substantially completed in 18-24 months.
Hasbro Q3 revenue down 10%; operating loss $169.5M; Wizards of the Coast up 40%
Q3 revenue $1,503.4M (-10% YoY); GAAP net loss $171.1M ($1.23 diluted loss); adjusted EPS $1.64.
Hasbro enters $1.25B revolving credit facility maturing 2028, replacing 2024 facility
New $1.25B senior unsecured revolver matures Sept 5, 2028; includes $500M accordion feature for additional commitments.
Hasbro to sell eOne film & TV business to Lionsgate for ~$500M
Sale consideration ~$500M: $375M cash + assumption of production financing loans.
Hasbro Q2 revenue down 10% to $1.21B; reports net loss of $235M; sells eOne Film & TV to Lionsgate
Q2 net revenue $1,210M (-10% YoY); net loss $235M (-$1.69 EPS); adjusted EPS $0.49 (-57%).
Hasbro shareholders elect all 11 director nominees, approve say-on-pay and stock plan amendment
All 11 director nominees elected; highest vote for Christian Cocks (99.4% for), lowest for Lisa Gersh (92.1% for).
Hasbro Q1 revenue down 14% to $1.00B; net loss $0.16/share; Magic growth 16%
Revenue of $1.001B (-14% YoY); net loss $0.16/diluted share; adj. EPS $0.01.
Hasbro amends credit agreements to replace LIBOR with SOFR
Entered into First Amendment to Revolving Credit Agreement and First Amendment to Term Loan Agreement on April 12, 2023.
Hasbro names Gina Goetter CFO (eff. May 18) and Tim Kilpin President, Toy (eff. Apr 24)
Gina Goetter, former Harley-Davidson CFO, succeeds retiring CFO Deborah Thomas; base salary $1M plus sign-on bonus of $350K and $4M RSU vesting over 3 years.
Hasbro CFO Deborah Thomas to retire; will serve as Advisor through Dec 31, 2023
Remains EVP & CFO until successor CFO appointed (Transition Date).
Hasbro reports Q4 GAAP loss, FY2022 revenue down 9%; faces $300M headwinds in 2023
FY2022 revenue $5.86B (-9% YoY); Q4 revenue $1.68B (-17%).
Hasbro reports Q4 revenue down 17% YoY, announces ~1,000 job cuts and COO departure
Preliminary Q4 revenue ~$1.68B, down 17% YoY; adjusted EPS $1.29-$1.31.
Hasbro initiates sale process for eOne TV and film business not supporting core brand strategy
Authorized sale of eOne TV/film assets not tied to core Hasbro IP; retains animation/production for key brands.
Hasbro CFO Deborah Thomas to retire after 24 years; internal/external search underway
Deborah Thomas will retire as EVP and CFO after 24 years; she will remain CFO until successor is named.
Hasbro Q3 revenue down 15% to $1.68B; adj. EPS $1.42; reaffirms FY guidance
Revenue $1.68B (-15% YoY, -12% constant currency); operating profit $194.3M (-47%).
Cost savings program targets $250-300M annual run-rate savings by 2025, $150M by end 2023; $200M cash charges through 2024.
Hasbro amends bylaws to adjust shareholder proposal deadlines and enhance proxy access mechanics
Shareholder proposal submission window reduced from 150 days fixed to 90-120 days before prior annual meeting anniversary.
Two longest-tenured Hasbro directors to retire at 2023 annual meeting
Kenneth A. Bronfin (since 2008) and Edward M. Philip (since 2002) will retire at the 2023 Annual Meeting.
Hasbro's eOne CEO Darren Throop to step down at year-end 2022
Darren Throop will step down as President & CEO of eOne when his contract expires on December 30, 2022.
Hasbro Q2 2022 revenue up 1% to $1.34B; adjusted EPS $1.15; D&D Beyond acquisition closed
Net revenues increased 1% to $1.34B; up 4% excluding $32.7M FX headwind.
Hasbro shareholders reelect all 13 board nominees, reject Alta Fox candidate
All 13 Hasbro director nominees elected with overwhelming support; each received >75M votes for.
Hasbro shareholders re-elect all 13 directors, approve say-on-pay and auditor at annual meeting
All 13 directors re-elected by substantial margin, including CEO Chris Cocks.
Hasbro Q1 revenue up 4% to $1.16B; adjusted EPS $0.57, down 43% YoY
GAAP EPS $0.44, adjusted EPS $0.57; net earnings $61.2M, down 47% YoY.
Hasbro appoints Elizabeth Hamren and Blake Jorgensen to board, expands to 13 directors
Board expands from 11 to 13; Hamren (Discord COO) and Jorgensen (ex-EA CFO) appointed effective Apr 1, 2022.
Hasbro confirms Alta Fox nominated five directors; board will evaluate nominees
Alta Fox Opportunities Fund nominated five candidates for election to Hasbro's board at the 2022 Annual Meeting.
On April 15, 2024, Cynthia Williams, President of Wizards of the Coast and Hasbro Gaming, informed the Company of her resignation from the Company effective April 26, 2024.
appointed Frank Gibeau, Darin Harris and Owen Mahoney to fill the vacancies on the Board created by such increase, effective as of March 21, 2024.
the Company also announced that Tracy Leinbach, Linda Zecher Higgins and Michael Burns will retire from the Board and not stand for election at the upcoming annual meeting of shareholders.
the Company also announced that Tracy Leinbach, Linda Zecher Higgins and Michael Burns will retire from the Board and not stand for election at the upcoming annual meeting of shareholders.
appointed Frank Gibeau, Darin Harris and Owen Mahoney to fill the vacancies on the Board created by such increase, effective as of March 21, 2024.
appointed Frank Gibeau, Darin Harris and Owen Mahoney to fill the vacancies on the Board created by such increase, effective as of March 21, 2024.
the Company also announced that Tracy Leinbach, Linda Zecher Higgins and Michael Burns will retire from the Board and not stand for election at the upcoming annual meeting of shareholders.
On April 12, 2023, Hasbro also announced the appointment of Tim Kilpin as President, Toy, Licensing & Entertainment, effective April 24, 2023.
On April 12, 2023, Hasbro, Inc. ("Hasbro" or the "Company") announced the appointment of Gina Goetter as Chief Financial Officer, effective May 18, 2023.
On March 10, 2023 (the “Effective Date”), Hasbro, Inc. (the “Company”) and Deborah Thomas, the Company’s Executive Vice President and Chief Financial Officer, entered into a Transitional Advisory Services Agreement (the “Transition Agreement”), relating to her planned retirement
On January 26, 2023, the Company announced that Eric Nyman, President and Chief Operating Officer, will be leaving the Company effective March 31, 2023.
On November 9, 2022, Hasbro, Inc. ("Hasbro" or the "Company") announced that Deborah Thomas has informed the Company of her intent to retire from her position as Executive Vice President and Chief Financial Officer after 24 years of distinguished service and leadership with the Company.
Max materiality 0.85 · Median 0.70 · Most common event earnings