Hasbro Files 8-K on Financial Condition, Operations
Ticker: HAS · Form: 8-K · Filed: 2024-02-13T00:00:00.000Z
Sentiment: neutral
Topics: results-of-operations, financial-condition, 8-k, corporate-filing
TL;DR
**Hasbro just dropped an 8-K on its financials, get ready for the numbers!**
AI Summary
Hasbro, Inc. filed an 8-K on February 13, 2024, reporting on its results of operations and financial condition. This filing indicates that Hasbro is providing an update on its financial performance, which is crucial for investors to understand the company's health and future prospects. While specific dollar amounts are not detailed in this excerpt, the filing signals that financial results are being disclosed, which could impact the stock price depending on whether the results meet or miss expectations.
Why It Matters
This filing signals that Hasbro is updating the market on its financial health, which directly impacts investor confidence and the stock's valuation. Shareholders need to review the full details to assess the company's performance.
Risk Assessment
Risk Level: medium — The risk level is medium because while the filing itself is routine, the undisclosed financial results could contain positive or negative surprises impacting the stock.
Analyst Insight
A smart investor would await the full financial statements and exhibits mentioned in this 8-K to thoroughly analyze Hasbro's performance before making any investment decisions. This filing is a notification, not the full disclosure.
Key Numbers
- February 13, 2024 — Date of Report (The date of the earliest event reported in this 8-K filing.)
- 001-06682 — SEC File Number (Hasbro's unique identifier with the SEC, confirming its registration.)
- $0.50 — Par Value per Share (The stated par value of Hasbro's Common Stock.)
Key Players & Entities
- Hasbro, Inc. (company) — the registrant filing the 8-K
- February 13, 2024 (date) — date of the earliest event reported in the 8-K
- Rhode Island (company) — state of incorporation for Hasbro, Inc.
- 1-6682 (dollar_amount) — Commission File Number for Hasbro, Inc.
- 05-0155090 (dollar_amount) — I.R.S. Employer Identification No. for Hasbro, Inc.
- 1027 Newport Avenue Pawtucket, Rhode Island 02861 (company) — address of Principal Executive Offices for Hasbro, Inc.
- (401) 431-8697 (dollar_amount) — registrant's telephone number
- Common Stock, $0.50 par value per share (company) — title of class of securities registered
- HAS (company) — trading symbol for Hasbro, Inc.
- The NASDAQ Global Select Market (company) — exchange on which Hasbro's securities are registered
Forward-Looking Statements
- Hasbro's stock price will react to the full financial details once they are publicly disclosed. (HAS) — high confidence, target: 2024-02-14
FAQ
What is the purpose of this 8-K filing by Hasbro, Inc.?
This 8-K filing by Hasbro, Inc. is a 'Current Report' filed pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934, specifically reporting on 'Results of Operations and Financial Condition' and 'Financial Statements and Exhibits' as of February 13, 2024.
What is Hasbro, Inc.'s trading symbol and on which exchange is its common stock registered?
Hasbro, Inc.'s trading symbol is HAS, and its Common Stock, $0.50 par value per share, is registered on The NASDAQ Global Select Market.
What is the state of incorporation for Hasbro, Inc.?
Hasbro, Inc. is incorporated in Rhode Island.
What is the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on February 13, 2024.
What is the business address and phone number listed for Hasbro, Inc. in this filing?
The business address for Hasbro, Inc. is 1027 Newport Avenue, Pawtucket, Rhode Island 02861, and the telephone number is (401) 431-8697.
Filing Stats: 466 words · 2 min read · ~2 pages · Grade level 10.8 · Accepted 2024-02-13 06:53:14
Key Financial Figures
- $0.50 — ange on which registered Common Stock, $0.50 par value per share HAS The NASDAQ Glob
Filing Documents
- has-20240213.htm (8-K) — 27KB
- exhibit991q42023.htm (EX-99.1) — 646KB
- hasbro20logoa.jpg (GRAPHIC) — 272KB
- 0000046080-24-000008.txt ( ) — 1209KB
- has-20240213.xsd (EX-101.SCH) — 2KB
- has-20240213_lab.xml (EX-101.LAB) — 24KB
- has-20240213_pre.xml (EX-101.PRE) — 12KB
- has-20240213_htm.xml (XML) — 3KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition. On February 13, 2024, Hasbro, Inc. ("Hasbro" or "we") announced its financial results for the fiscal quarter and fiscal year ended December 31, 2023, and certain other financial information. A copy of the press release is furnished herewith as Exhibit 99.1 and is incorporated by reference herein. The information furnished in Item 2.02, including the Exhibit attached hereto, shall not be deemed "filed" for any purpose, and shall not be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended, regardless of any general incorporation language in any such filing.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits 99.1 Hasbro, Inc. Press Release, dated February 13, 2024 . 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. HASBRO, INC. By: /s/ Gina Goetter Name: Gina Goetter Title: Executive Vice President and Chief Financial Officer Date: February 13, 2024