AI brief of an SEC Form 8-K · Hasbro (HAS)

Hasbro Q3 revenue rises 8% to $1.39 billion; company raises full-year outlook

Mixed Impact 4 of 5 earnings Written later

Hasbro reported third quarter 2025 net revenues of $1.39 billion, up 8%, and operating profit of $341 million, up 13%, with diluted earnings of $1.64 per share versus $1.59 a year earlier. The company now expects higher full-year results, including adjusted EBITDA of $1.24 billion to $1.26 billion, but year-to-date results remain a reported net loss of $3.74 per share because of a $1.02 billion goodwill impairment recorded in the second quarter.

Key points

  • Q3 net revenues of $1,387.5 million, up 8%; Wizards of the Coast and Digital Gaming revenue rose 42% to $572.0 million.
  • Consumer Products revenue fell 7% to $796.9 million, with adjusted operating profit of $88.9 million, down 32%.
  • Full-year 2025 outlook: adjusted operating margin of 22% to 23% and adjusted EBITDA of $1.24 billion to $1.26 billion.
  • Nine-month reported net loss of $3.74 per share includes a $1,021.9 million non-cash goodwill impairment; quarterly dividend of $0.70 per share is payable December 3, 2025.

The filing

CompanyHasbro (HAS)
Form8-K, current report
Filed with the SECOct 23, 2025, 6:45 AM ET
Accession number0000046080-25-000156

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:11 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 23, 2025.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.