Hasbro (HAS) Revenue — Quarter Ended Jun 30, 2024
Revenue increased sequentially but declined compared to the same quarter last year. The sequential improvement reversed a prior period decline, while the year-over-year decrease continued a trend of lower revenue.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q2
Revenue increased sequentially but declined compared to the same quarter last year. The sequential improvement reversed a prior period decline, while the year-over-year decrease continued a trend of lower revenue.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$995.3M
Revenue reported for this quarter.
Quarter-over-quarter
+31.4%
Change from the immediately preceding quarter.
Year-over-year
-17.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$4.5B
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 |
|---|---|---|
| Oct 1, 2023 | $1.5B | -10.3% |
| Dec 31, 2023 | $1.3B | -23.2% |
| Mar 31, 2024 | $757.3M | -24.3% |
| Jun 30, 2024 | $995.3M | -17.7% |
Revenue performance
The reported revenue direction was upward from the immediately preceding quarter, reflecting a sequential gain. However, against the same quarter one year earlier, revenue was lower.
Quarterly comparison
Compared to the prior quarter, revenue increased. Compared to the same quarter a year ago, revenue decreased.
What to watch
The year-over-year revenue decline persisted, indicating ongoing headwinds despite the quarterly rebound.