Hasbro Announces Organizational Changes and Provides Update on Fourth Quarter and Full-Year 2022 Financial Results
"We are focused on implementing transformational changes aimed at substantially reducing costs and increasing our growth rates and profitability.
- "We are focused on implementing transformational changes aimed at substantially reducing costs and increasing our growth rates and profitability.
- Preliminary fourth quarter 2022 revenue of approximately $1.68 billion, down 17% year-over-year; down approximately 14% in constant currency.
- As part of these organizational and commercial changes, Eric Nyman, president and chief operating officer, is departing Hasbro.
- Hasbro will webcast its fourth quarter and full-year 2022 earnings conference call on Thursday, February 16, 2023, at 8:30 a.m. Eastern Time.