Hasbro (HAS) Revenue — Quarter Ended Oct 1, 2023
Revenue increased from the prior quarter, but declined compared to the same period last year. The company's results were impacted by ongoing strikes in the entertainment industry.
Key takeaway
Quarter ended Oct 1, 2023 · FY2023 Q3
Revenue increased from the prior quarter, but declined compared to the same period last year. The company's results were impacted by ongoing strikes in the entertainment industry.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.5B
Revenue reported for this quarter.
Quarter-over-quarter
+24.2%
Change from the immediately preceding quarter.
Year-over-year
-10.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$5.4B
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 |
|---|---|---|
| Dec 25, 2022 | $1.7B | -16.6% |
| Apr 2, 2023 | $1B | -13.9% |
| Jul 2, 2023 | $1.2B | -9.6% |
| Oct 1, 2023 | $1.5B | -10.3% |
Revenue performance
The reported revenue reflects a sequential improvement, driven by seasonal factors and product releases.
Quarterly comparison
Compared to the immediately preceding quarter, revenue grew. However, versus the same quarter a year ago, revenue was lower.
What to watch
Monitor the duration and impact of entertainment industry strikes on future revenue.