BRIEF-Hasbro Maintains FY Guidance Issued Feb 20 Given Uncertainty Of Current Tariff Environment

Reuters
24 Apr
BRIEF-Hasbro Maintains FY Guidance Issued Feb 20 Given Uncertainty Of Current Tariff Environment

April 24 (Reuters) - Hasbro Inc HAS.O:

  • Q1 NET REVENUE $887.1 MILLION VERSUS IBES ESTIMATE $771.1 MILLION

  • Q1 ADJUSTED EPS $1.04 VERSUS IBES ESTIMATE $0.67

  • TARIFFS HAD NO MATERIAL IMPACT ON Q1 RESULTS DUE TO TIMING OF IMPLEMENTATION

  • PROGRESSING TOWARDS $1 BILLION COST SAVINGS GOAL

  • NOT CHANGING FY GUIDANCE ISSUED ON FEB 20 GIVEN UNCERTAINTY OF CURRENT TARIFF ENVIRONMENT

((Reuters.Briefs@thomsonreuters.com;;))

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