Hasbro recorded an operating loss of $798.2 million in Q2, which included a $1,021.9 million non-cash goodwill impairment charge in the Consumer Products segment. The company said it recognized the impairment following a mid-point quantitative assessment triggered by the implementation of tariffs.

1. 01

   Hasbro recorded an operating loss of $798.2 million in Q2, which included a $1,021.9 million non-cash goodwill impairment charge in the Consumer Products segment. The company said it recognized the impairment following a mid-point quantitative assessment triggered by the implementation of tariffs.

2. 02

   Hasbro reported adjusted operating profit of $247.1 million in Q2 compared with $248.8 million in the prior-year quarter, a -1% change, and adjusted net earnings per diluted share of $1.30 compared with $1.22 in the prior-year quarter.

3. 03

   The company disclosed full-year adjusted EBITDA guidance of $1.17 billion to $1.20 billion, compared with prior guidance of $1.1 billion to $1.15 billion, and adjusted operating margin guidance of 22% to -23%, compared with prior guidance of 21% to 22%.

Analysis 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. Some paragraphs were omitted because their support in the source could not be confirmed.

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

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