Key insights
6 takeaways · ~2 min read- 01Hasbro's net earnings for Q1 2025 were $99.5 million, an increase from $59.1 million in Q1 2024. Total comprehensive earnings attributable to Hasbro, Inc. also increased to $105.4 million in Q1 2025 from $56.4 million in Q1 2024.
- 02Net cash provided by operating activities decreased to $138.1 million in Q1 2025 from $177.8 million in Q1 2024, primarily due to a smaller decrease in accounts receivable and an increase in inventories.
- 03The company recorded an unfavorable adjustment of $25.0 million to the Loss on Sale of the Film and TV reporting unit in Q1 2025, compared to $9.1 million in Q1 2024, both without tax benefits.
- 04Hasbro's effective tax rate remained consistent at 27.1% for both Q1 2025 and Q1 2024.
- 05The company had $0.8 million in deferred gains on foreign currency forward contracts, net of tax, in Accumulated other comprehensive earnings (loss) as of March 30, 2025.
- 06Deferred losses, net of tax, of $13.3 million related to interest rate hedging instruments for the 5.10% Notes due 2044 remained in Accumulated other comprehensive earnings (loss) as of March 30, 2025.
Summary
SEC 10-Q filing for Hasbro, filed 2025-05-06.
Cite this report
Citation
Generating citation...
