Every material Form 8-K Hasbro filed with the SEC in 2025, 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 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.
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.
Hasbro reported second-quarter 2025 revenue of $980.8 million, down 1% from a year earlier, and a net loss attributable to Hasbro of $855.8 million, or $6.10 per share, driven by a $1,021.9 million non-cash goodwill impairment in its Consumer Products segment that the company tied to tariffs. Adjusted net earnings were $1.30 per diluted share, up $0.08, and the company raised its full-year adjusted EBITDA guidance to $1.17 billion to $1.20 billion from $1.1 billion to $1.15 billion. The large charge sharply reduced shareholders' equity, which stood at $269.7 million at June 29, 2025.
Q2 revenue was $980.8 million, down 1%; MAGIC: THE GATHERING revenue rose 23% to $412.0 million.
Net loss was $855.8 million, or $6.10 per share, including a $1,021.9 million goodwill impairment.
Adjusted net earnings were $1.30 per diluted share, an $0.08 improvement year over year.
Full-year adjusted EBITDA guidance was raised to $1.17 billion to $1.20 billion; a $0.70 quarterly dividend is payable September 3, 2025.
Hasbro reported first-quarter 2025 revenue of $887.1 million, up 17% from a year earlier, and diluted EPS of $0.70 versus $0.42. The company said it is not changing its full-year 2025 guidance, citing uncertainty in the tariff environment. Operating cash flow fell to $138.1 million from $177.8 million, and the board declared a $0.70 quarterly dividend.
Net revenues $887.1 million vs. $757.3 million in Q1 2024 (up 17%)
Diluted EPS $0.70 vs. $0.42; Wizards of the Coast and Digital Gaming revenue up 46%
Operating cash flow $138.1 million vs. $177.8 million a year earlier
Full-year guidance from February 20, 2025 unchanged; quarterly dividend $0.70 payable June 4, 2025
Hasbro reported fiscal 2024 revenue of $4.14 billion, down 17% mainly due to the eOne divestiture, while net earnings attributable to Hasbro were $385.6 million, compared with a loss of $1.49 billion in 2023. The company also issued 2025 guidance calling for adjusted operating margin of 21% to 22% and adjusted EBITDA of $1.1 billion to $1.15 billion, and declared a $0.70 quarterly dividend.
Full year 2024 net revenues were $4,135.5 million, down from $5,003.3 million in 2023; excluding the eOne divestiture, revenue declined 7%.
Reported diluted earnings per share were $2.75 for 2024, compared with a loss of $10.73 per share in 2023.
2025 outlook: adjusted operating margin of 21%-22% and adjusted EBITDA of $1.1 billion to $1.15 billion, with total revenue expected up slightly in constant currency.
Quarterly dividend of $0.70 per share, payable March 12, 2025, to shareholders of record on March 3, 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.
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 →