HAS - Why Monopoly Game Owner Hasbro's Shares Are Taking A Hit Today | Benzinga
Hasbro Inc (NASDAQ: HAS) reported a third-quarter FY23 sales decline of 10% year-on-year to $1.503 billion, missing the analyst consensus estimate of $1.644 billion.
Segment Revenue: Consumer Products fell 18%, Wizards of the Coast and Digital Gaming increased 40%. Entertainment segment revenues plunged 42%.
Selling, distribution, and administration costs fell 3.7%. The company incurred an operating loss of $(169.5) million versus an operating income of $194.3 million ...