Hasbro Reports Strong Q1 2024, Exceeding Earnings and Revenue Forecasts

Hasbro Inc. (NASDAQ: HAS) has announced impressive financial results for the first quarter of 2024, surpassing analyst expectations and boosting investor confidence. Adjusted earnings per share (EPS) reached $0.61, significantly higher than the predicted $0.28, while revenue also beat estimates, standing at $757.3 million against a forecast of $749.48 million. Hasbro’s shares responded positively to this news, rising by 4.9% in value.

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