Every material Form 8-K Hasbro filed with the SEC in 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Hasbro reported third-quarter 2024 revenue of $1,281.3 million, down 15% from a year earlier, while GAAP net earnings were $223.2 million versus a loss of $171.1 million in the prior-year quarter, which included a $473 million loss on disposal of a business. Adjusted operating profit fell $14 million to $329 million, and the company kept its full-year Adjusted EBITDA guidance of $975 million to $1.025 billion.
Net revenues were $1,281.3 million, down 15%; excluding the eOne divestiture, revenue declined 9%.
Diluted EPS was $1.59 versus a loss of $1.23 a year earlier; adjusted diluted EPS was $1.73.
Adjusted operating profit was $329 million, down $14 million from the prior year, with adjusted operating margin of 25.7%.
Quarterly cash dividend of $0.70 per share is payable December 4, 2024, to holders of record on November 20, 2024.
Hasbro reported second quarter 2024 net revenues of $995.3 million, down 18% from $1,210.0 million a year earlier, mainly due to the eOne divestiture. GAAP operating profit was $212.1 million versus a loss of $188.6 million in the prior-year quarter, and diluted EPS was $0.99 versus a loss of $1.69. The company raised its full-year guidance, including total Adjusted EBITDA of $975 million to $1.025 billion, and declared a quarterly dividend of $0.70 per share.
Q2 net revenues $995.3 million, down 18%; excluding the eOne divestiture, down 6%
Q2 GAAP operating profit $212.1 million versus a $188.6 million loss a year earlier; diluted EPS $0.99 versus a loss of $1.69
Full-year 2024 total Adjusted EBITDA guidance of $975 million to $1.025 billion; company raised full-year guidance
Quarterly dividend of $0.70 per share payable September 4, 2024, to holders of record on August 21, 2024
On May 22, 2024, Hasbro entered an amended and restated employment agreement with CEO Christian P. Cocks that extends his employment term to December 31, 2027 and raises his target annual bonus from 150% to 175% of base salary. The filing also expands his severance terms if he is terminated without Cause or resigns for Good Reason within 24 months after a change in control.
Term extended to December 31, 2027, with automatic one-year renewals unless notice of non-renewal is given
Target annual management incentive bonus increased from 150% to 175% of base salary
After a change in control, a termination without Cause or resignation for Good Reason within 24 months triggers a lump sum of three times base salary plus target bonus
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.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Hasbro filing is on SEC EDGAR ↗. 8-K briefs of other companies →