Toy and board game company Hasbro, Inc. (HAS) reported Thursday a net loss attributable to Hasbro for the fourth quarter of $128.9 million or $0.93 per share, compared to a net income of $82.2 million or $0.59 per share in the year-ago quarter.
Excluding items, adjusted earnings for the quarter were $1.31 per share, compared to $1.21 in the prior-year quarter. On average, eight analysts polled by Thomson Reuters expected earnings of $1.29 per share for the quarter. Analysts' estimates typically exclude special items.
Net revenues for the quarter decreased 17 percent or 14 percent in constant currency, to $1.68 billion from $2.01 billion in the same quarter last year. Analysts expected revenues of $1.68 billion for the quarter.
Looking ahead to fiscal 2023, the company now projects adjusted earnings $4.45 to $4.55 per share on revenue to be down low-single digits. The Street is looking for earnings of $4.88 per share on revenue growth of 2.5 percent to $6.0 billion for the year.
For the medium and long-term, through year-end 2027, Hasbro expects revenue growth in the mid-single digits on a compound annual basis.
For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com
For comments and feedback contact: editorial@rttnews.com
Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.