Hasbro's stock (HAS) jumped 12% in early trading after the release of the first-quarter results, hitting nearly $65 a share.

Hasbro had said in January it would cut about 1,000 full-time positions. On Monday, the company said it had already cut 800 jobs. At the end of 2022, Hasbro had employed about 6,490 people ...

Hasbro reported having about 6,500 employees as of the end of 2022. The company expects the latest job cuts to be completed ...

Hasbro said it will cut around 1,000 jobs, with announcements coming over the next few weeks, including the departure of COO Eric Nyman. The Monopoly and Play-Dough maker also said fourth ...

Hasbro and Mattel stock are up, despite reporting that sales declined in the first quarter. Hasbro's revenue plunged 24% but ...

The maker of Transformers action figures and Monopoly board games said it swung to a profit, even as revenue fell.

Excluding the sale of its eOne division, revenue was still down 9% in Q1, but the toy manufacturer swung to a profit.

Analysts surveyed by FactSet expect the company to post a profit of 25 cents a share on $747.1 million in revenue. A year ...

Last year was a massive one for Hasbro's video game business, with Monopoly Go and Baldur's Gate 3 providing the toy ...

With this plan, Hasbro vowed to cut expenses and improve its operating margin to 20%, pushing annual operating income above $1 billion in 2027. The company still has work to do, but it's making ...

Good Morning. And welcome to Hasbro first quarter 2024 earnings conference call. [Operator instructions] Today's conference is being recorded. If you have any objections, you may disconnect at ...

The maker of Transformers action figures, My Little Pony dolls and Play-Doh slashed its inventory by 53%, with a 57% cut in inventory at its Consumer Products Segment. Revenue from Hasbro's ...