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Mar 27, 2022
Hasbro Q1 2022 Earnings Report
Reported revenue growth across all segments, highlighting the strength of the Brand Blueprint
Key Takeaways
Hasbro reported a 4% increase in revenue to $1.16 billion in Q1 2022. The company is updating its full-year guidance, projecting mid-single-digit adjusted operating profit growth.
Net revenues increased 4% to $1.16 billion.
Wizards of the Coast and Digital Gaming segment revenues up 9%.
Consumer Products segment revenues up 3%.
Entertainment segment revenues up 4%.
Hasbro
Hasbro
Hasbro Revenue by Geographic Location
Forward Guidance
The Company has a plan for continued growth in 2022, including low-single digit revenue growth; mid-single digit growth in operating profit to achieve adjusted operating profit margin of 16%; and operating cash flow in the range of $700 to $800 million.
Revenue & Expenses
Visualization of income flow from segment revenue to net income