Hasbro (HAS) Revenue — Quarter Ended Mar 31, 2024
Revenue for the quarter declined compared to the immediately preceding quarter. It also decreased relative to the same quarter one year earlier.
Key takeaway
Quarter ended Mar 31, 2024 · FY2024 Q1
Revenue for the quarter declined compared to the immediately preceding quarter. It also decreased relative to the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$757.3M
Revenue reported for this quarter.
Quarter-over-quarter
-41.2%
Change from the immediately preceding quarter.
Year-over-year
-24.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$4.8B
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 |
|---|---|---|
| Jul 2, 2023 | $1.2B | -9.6% |
| Oct 1, 2023 | $1.5B | -10.3% |
| Dec 31, 2023 | $1.3B | -23.2% |
| Mar 31, 2024 | $757.3M | -24.3% |
Revenue performance
The reported revenue moved downward from the previous quarter, continuing a trend of sequential declines observed in recent periods.
Quarterly comparison
Compared to the same quarter last year, revenue was lower, reflecting a year-over-year contraction. The sequential decline from the prior quarter was also substantial.
What to watch
Monitor whether revenue stabilizes in upcoming quarters after the recent sharp declines.