Hasbro, Inc. (NASDAQ: HAS) reported its third quarter 2024 earnings outcomes in the present day.
Income declined 15% year-over-year to $1.28 billion.
Web earnings attributable to Hasbro, Inc. was $223.2 million, or $1.59 per share, in comparison with a lack of $171.1 million, or $1.23 per share, final yr. Adjusted EPS was $1.73.
Revenues decreased throughout all segments, with Shopper Merchandise declining 10%, Wizards of the Coast and {Digital} Gaming falling 5%, and Leisure dropping 86% YoY.
For the total yr of 2024, Hasbro expects Shopper Merchandise phase income to be down 12-14% and Wizards phase income to be flat to down 1%.