Hasbro, Inc.
NASDAQ:HAS
Layoffs, Restructuring / Reorganization, Earnings Announcements
Hasbro Announces Organizational Changes And Provides Update On Q4 And Full-Year 2022 Financial Results
Published: 01/26/2023 22:58 GMT
Hasbro, Inc. (HAS) - Hasbro Announces Organizational Changes and Provides Update on Fourth Quarter and Full-year 2022 Financial Results.
Hasbro Announces Organizational Changes and Provides Update on Fourth Quarter and Full-year 2022 Financial Results.company to Eliminate Approximately 1,000 Global Full-time Positions in 2023 and Implement Leadership and Other Organizational Changes.
Preliminary Q4 2022 Revenue of Approximately $1.68 Billion, Down 17% Year-over-year.
On Track to Achieve Its Goal of $250-300m in Annual Run-rate Cost Savings by Year-end 2025.
Elimination of Approximately 15% of Its Global Workforce This Year.
Reductions Will Start to Take Effect Within Next Several Weeks.
Eric Nyman, President and Chief Operating Officer, is Departing Hasbro.
at This Time, Consumer Products Business Will Report Directly to Ceo.
On Track to Achieve Its Goal of $250-300 Million in Annual Run-rate Cost Savings by Year-end 2025.
Preliminary Q4 Earnings Loss per Share of $1.00 to $0.93.
Preliminary Q4 Adjusted Earnings per Diluted Share of $1.29 to $1.31.
Q4 Earnings per Share View $1.48, Revenue View $1.92 Billion -- Refinitiv Ibes Data (analyst estimates).
Hasbro Announces Organizational Changes and Provides Update on Fourth Quarter and Full-year 2022 Financial Results.company to Eliminate Approximately 1,000 Global Full-time Positions in 2023 and Implement Leadership and Other Organizational Changes.
Preliminary Q4 2022 Revenue of Approximately $1.68 Billion, Down 17% Year-over-year.
On Track to Achieve Its Goal of $250-300m in Annual Run-rate Cost Savings by Year-end 2025.
Elimination of Approximately 15% of Its Global Workforce This Year.
Reductions Will Start to Take Effect Within Next Several Weeks.
Eric Nyman, President and Chief Operating Officer, is Departing Hasbro.
at This Time, Consumer Products Business Will Report Directly to Ceo.
On Track to Achieve Its Goal of $250-300 Million in Annual Run-rate Cost Savings by Year-end 2025.
Preliminary Q4 Earnings Loss per Share of $1.00 to $0.93.
Preliminary Q4 Adjusted Earnings per Diluted Share of $1.29 to $1.31.
Q4 Earnings per Share View $1.48, Revenue View $1.92 Billion -- Refinitiv Ibes Data (analyst estimates).
Revenue is expected to be $877.11 Million
Adjusted EPS is expected to be $0.02
Next Quarter Revenue Guidance is expected to be $1.12 Billion
Next Quarter EPS Guidance is expected to be $0.70
More details on our Analysts Page.
Adjusted EPS is expected to be $0.02
Next Quarter Revenue Guidance is expected to be $1.12 Billion
Next Quarter EPS Guidance is expected to be $0.70
More details on our Analysts Page.