Hasbro, Inc. (NASDAQ: HAS) reported fourth quarter 2022 earnings results today.
Net revenues of $1.68 billion were down 17% year-over-year. On a constant currency basis, revenue was down 14%.
The company reported a net loss of $128.9 million, or $0.93 per share, compared to net income of $82.2 million, or $0.59 per share, last year. Adjusted EPS rose 8% to $1.31.
Revenues matched estimates while adjusted EPS surpassed projections.
For the full year of 2023, revenue is expected to be down in the low single digits.
Prior performance
The post HAS Earnings: Key quarterly highlights from Hasbro’s Q4 2022 financial results first appeared on AlphaStreet.