Hasbro (HAS) Revenue — Quarter Ended Jul 2, 2023
Revenue increased for the quarter compared with the immediately preceding period. However, revenue remained lower than the same quarter a year earlier.
Key takeaway
Quarter ended Jul 2, 2023 · FY2023 Q2
Revenue increased for the quarter compared with the immediately preceding period. However, revenue remained lower than the same quarter a year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.2B
Revenue reported for this quarter.
Quarter-over-quarter
+20.9%
Change from the immediately preceding quarter.
Year-over-year
-9.6%
Change from the comparable year-ago quarter.
Trailing four quarters
$5.6B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Sep 25, 2022 | $1.7B | -14.9% |
| Dec 25, 2022 | $1.7B | -16.6% |
| Apr 2, 2023 | $1B | -13.9% |
| Jul 2, 2023 | $1.2B | -9.6% |
Revenue performance
The reported revenue moved higher sequentially, reversing the downward trend seen in the prior quarter.
Quarterly comparison
Compared with the preceding quarter, revenue was substantially higher. Compared with the same quarter one year earlier, revenue was lower.
What to watch
The filing notes that strikes by entertainment unions could affect upcoming entertainment activities and related merchandise revenue.