HASBRO INC
For the period ended Mar 31, 2024. Filed May 1, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 1, 2024
HAS$120.92+1.7%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations
(Millions of Dollars Except Per Share Data)
| Quarter Ended | ||
|---|---|---|
| March 31,2024 | April 2,2023 | |
| Net revenues | $757.3 | $1,001.0 |
| Costs and expenses: | ||
| Cost of sales | 204.2 | 285.3 |
| Program cost amortization | 8.1 | 122.5 |
| Royalties | 50.9 | 69.0 |
| Product development | 65.5 | 83.3 |
| Advertising | 51.5 | 82.8 |
| Amortization of intangibles | 17.0 | 23.1 |
| Selling, distribution and administration | 234.8 | 317.1 |
| Loss on disposal of business | 9.1 | — |
| Total costs and expenses | 641.1 | 983.1 |
| Operating profit | 116.2 | 17.9 |
| Non-operating expense (income): | ||
| Interest expense | 38.5 | 46.3 |
| Interest income | (8.3) | (6.0) |
| Other expense (income), net | 5.0 | (1.4) |
| Total non-operating expense, net | 35.2 | 38.9 |
| Earnings (loss) before income taxes | 81.0 | (21.0) |
| Income tax expense | 21.9 | 0.7 |
| Net earnings (loss) | 59.1 | (21.7) |
| Net earnings attributable to noncontrolling interests | 0.9 | 0.4 |
| Net earnings (loss) attributable to Hasbro, Inc. | $58.2 | $(22.1) |
| Net earnings (loss) per common share: | ||
| Basic | $0.42 | $(0.16) |
| Diluted | $0.42 | $(0.16) |
| Cash dividends declared per common share | $0.70 | $0.70 |
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