AI English summary of an SEC filing — figures as filed
Hasbro HASThe company said its revenue for Q3 2024 declined 15% from a year earlier, a decrease of $1,281.3 million, and that adjusted operating profit was $328.7 million with an adjusted operating margin of 25.7%. It said that excluding the eOne divestiture, revenue declined 9%.
Key points
AI summaryThe company said its revenue for Q3 2024 declined 15% from a year earlier, a decrease of $1,281.3 million, and that adjusted operating profit was $328.7 million with an adjusted operating margin of 25.7%. It said that excluding the eOne divestiture, revenue declined 9%.
The company said revenue for Q3 fell 5% at Wizards of the Coast and Digital Gaming and 10% at Consumer Products. It cited the lap of Baldur's Gate 3 for the former and softer volume for the latter, and said the Wizards operating margin was 44.9%.
Hasbro said diluted earnings per share on a reported basis for Q3 were $1.59, and adjusted diluted earnings per share were $1.73. It paid cash dividends of $98 million in Q3 and declared a quarterly dividend of $0.70 per share.
The company said it expects full-year Total Hasbro Adjusted EBITDA of $975 million to $1.025 billion. It also outlined Consumer Products revenue declining 12% to 14% and Wizards of the Coast and Digital Gaming revenue flat to down 1%.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
Hasbro Q3 revenue down 15%, adjusted operating profit $328.7 million
The company said its revenue for Q3 2024 declined 15% from a year earlier, a decrease of $1,281.3 million, and that adjusted operating profit was $328.7 million with an adjusted operating margin of 25.7%. It said that excluding the eOne divestiture, revenue declined 9%.
Source · Based on the filing body and exhibits
Hasbro Q3 segment revenue declines and Wizards operating margin
The company said revenue for Q3 fell 5% at Wizards of the Coast and Digital Gaming and 10% at Consumer Products. It cited the lap of Baldur's Gate 3 for the former and softer volume for the latter, and said the Wizards operating margin was 44.9%.
Source · Based on the filing body and exhibits
Hasbro Q3 diluted EPS and dividend
Hasbro said diluted earnings per share on a reported basis for Q3 were $1.59, and adjusted diluted earnings per share were $1.73. It paid cash dividends of $98 million in Q3 and declared a quarterly dividend of $0.70 per share.
Source · Based on the filing body and exhibits
Hasbro 2024 full-year Adjusted EBITDA outlook
The company said it expects full-year Total Hasbro Adjusted EBITDA of $975 million to $1.025 billion. It also outlined Consumer Products revenue declining 12% to 14% and Wizards of the Coast and Digital Gaming revenue flat to down 1%.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
You can verify the report’s figures and statements in the original filing on SEC EDGAR.