Hasbro recorded an operating loss of $798.2 million for the quarter ended June 29, 2025, citing a $1,021.9 million non-cash goodwill impairment in the Consumer Products segment as a primary factor. The year-earlier quarter had operating profit of $212.1 million.

10-QQuarterly reportFiled Jul 31, 2025Period of report Jun 29, 2025Summary published (UTC) Oct 10, 2026

Key points

AI summary

Hasbro recorded an operating loss of $798.2 million for the quarter ended June 29, 2025, citing a $1,021.9 million non-cash goodwill impairment in the Consumer Products segment as a primary factor. The year-earlier quarter had operating profit of $212.1 million.
Hasbro said net revenues for Q2 2025 decreased 1% to $980.8 million from $995.3 million in the prior-year period, and net revenues for the 6 months increased 7% to $1,867.9 million from $1,752.6 million in the prior-year period.
The company said Wizards of the Coast and Digital Gaming segment net revenues increased 28% to $984.5 million for the 6 months, while Consumer Products segment net revenues decreased 10% to $840.7 million.
Hasbro said cash and cash equivalents as of June 29, 2025 totaled $546.9 million, and operating cash flow for the 6 months decreased to $209.4 million from $365.1 million in the prior-year period. The company had no outstanding borrowings under its commercial paper program or revolving credit facility as of that date.

Key figures

Quarter ended June 29, 2025

Revenue: $981M
Operating income: −$798M
Net income: −$856M
EPS: −$6.10

From the XBRL financial data filed with the SEC · not processed by AI.

Summary

AI-written

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

Q2 Operating Loss and $1,021.9 million Goodwill Impairment

Hasbro recorded an operating loss of $798.2 million for the quarter ended June 29, 2025, citing a $1,021.9 million non-cash goodwill impairment in the Consumer Products segment as a primary factor. The year-earlier quarter had operating profit of $212.1 million.

Source · Based on the MD&A text of the filing

Quarterly Revenue $980.8 million; 6-Month Revenue $1,867.9 million

Hasbro said net revenues for Q2 2025 decreased 1% to $980.8 million from $995.3 million in the prior-year period, and net revenues for the 6 months increased 7% to $1,867.9 million from $1,752.6 million in the prior-year period.

Source · Based on the MD&A text of the filing

Segment Revenue Changes for 6 Months

The company said Wizards of the Coast and Digital Gaming segment net revenues increased 28% to $984.5 million for the 6 months, while Consumer Products segment net revenues decreased 10% to $840.7 million.

Source · Based on the MD&A text of the filing

Liquidity: Cash $546.9 million, Operating Cash Flow $209.4 million

Hasbro said cash and cash equivalents as of June 29, 2025 totaled $546.9 million, and operating cash flow for the 6 months decreased to $209.4 million from $365.1 million in the prior-year period. The company had no outstanding borrowings under its commercial paper program or revolving credit facility as of that date.

Source · Based on the MD&A text of the filing

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

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

View the original filing on SEC EDGAR ↗

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