Last10K.com

Hasbro, Inc. (HAS) SEC Filing 10-K Annual Report for the fiscal year ending Sunday, December 26, 2021

SEC Filings

HAS Valuations

Intrinsic Value
Financial Stability
Financial Ratios
Insider Trades
Manager Portfolios
Notifications

HAS Annual Reports

HAS Quarterly Reports

HAS Corporate News

Hasbro Inc

HISTORY TOOLS
CIK: 46080 Ticker: HAS

EXHIBIT 99.1
hasbro20logo.jpg
For Immediate Release

Hasbro Reports Strong Revenue, Operating Profit and Earnings Growth
for the Full-Year 2021

Integrated Brand Blueprint strategy drives profitable growth across Hasbro's diversified business

Board of Directors declares quarterly dividend increase of 3% to $0.70 per share

Full-Year 2021
•Net revenues increased 17% to $6.42 billion
•Wizards of the Coast and Digital Gaming segment revenues up 42%
•Entertainment segment revenues up 27%
•Consumer Products segment revenues up 9%
•Operating profit of $763.3 million, or 11.9% of revenue, up from 9.2% of revenue in 2020
•Adjusted operating profit up 20% to $995.2 million, or 15.5% of revenue, an expansion of 40 basis points year-over-year

•Net earnings increased 93% to $428.7 million, or $3.10 per diluted share
•Adjusted net earnings increased 41% to $723.4 million, or $5.23 per diluted share

•EBITDA up 32% to $1.04 billion
•Adjusted EBITDA up 23% to $1.31 billion

•Year-end cash of $1.02 billion; Generated $817.9 million in operating cash flow for the full-year 2021 and paid down $1.08 billion in long-term debt
◦Paid $374.5 million in dividends to shareholders during the year

Fourth Quarter 2021
•Net revenues increased 17% to $2.01 billion
•Entertainment segment revenues up 54%
•Wizards of the Coast and Digital Gaming segment revenues up 18%
•Consumer Products segment revenues up 9%

•Operating profit for the fourth quarter of $171.5 million, or 8.5% of revenues
•Adjusted operating profit of $219.9 million, or 10.9% of revenues

•Net earnings for the fourth quarter of $82.2 million, or $0.59 per diluted share
•Adjusted net earnings of $168.4 million, or $1.21 per diluted share


The following information was filed by Hasbro Inc (HAS) on Monday, February 7, 2022 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

View differences made from one year to another to evaluate Hasbro Inc's financial trajectory

Compare SEC Filings Year-over-Year (YoY) and Quarter-over-Quarter (QoQ)
Sample 10-K Year-over-Year (YoY) Comparison

Compare this 10-K Annual Report to its predecessor by reading our highlights to see what text and tables were  removed  ,   added    and   changed   by Hasbro Inc.

Continue

Assess how Hasbro Inc's management team is paid from their Annual Proxy

Definitive Proxy Statement (Form DEF 14A)
Screenshot example of actual Proxy Statement

Hasbro Inc's Definitive Proxy Statement (Form DEF 14A) filed after their 2022 10-K Annual Report includes:

  • Voting Procedures
  • Board Members
  • Executive Team
  • Salaries, Bonuses, Perks
  • Peers / Competitors

Continue

SEC Filing Tools

Rating

Learn More
Bullish Bearish Neutral
Filter Sentiment:
All
Positive
Negative
Filter Category:
All
Revenue
Financial
M & A
Other
Filter Subcategory:
All
Product
Earnings
Expense
Cash Flow
Dividend
Income
Debt
Geography
Shares
Other
Inside Hasbro Inc's 10-K Annual Report:

Financial Statements, Disclosures and Schedules

Inside this 10-K Annual Report

Audit Information
Cover Page
Consolidated Balance Sheets
Consolidated Balance Sheets (Parenthetical)
Consolidated Statement Of Cash Flows
Consolidated Statements Of Comprehensive Earnings
Consolidated Statements Of Operations
Consolidated Statements Of Shareholders??? Equity And Redeemable Noncontrolling Interests
Accrued Liabilities
Accrued Liabilities (Details)
Accrued Liabilities (Tables)
Business Combination
Business Combination (Tables)
Business Combination - Intangible Assets Acquired (Details)
Business Combination - Narrative (Details)
Business Combination - Supplemental Pro Forma Results Of Operations (Details)
Capital Stock
Capital Stock (Details)
Commitments And Contingencies
Commitments And Contingencies (Details)
Derivative Financial Instruments
Derivative Financial Instruments (Tables)
Derivative Financial Instruments - Cash Flow Hedging Instruments (Details)
Derivative Financial Instruments - Derivative Financial Instruments (Details)
Derivative Financial Instruments - Fair Value Of Undesignated Derivate Financial Instruments (Details)
Derivative Financial Instruments - Narrative (Details)
Derivative Financial Instruments - Statements Of Financial Performance And Financial Position (Details)
Eone Music Sale
Eone Music Sale (Details)
Eone Music Sale (Tables)
Eone Music Sale - Major Classes Of Eone Music Assets And Liabilities Sold (Details)
Equity Method Investment
Equity Method Investment (Details)
Fair Value Of Financial Instruments
Fair Value Of Financial Instruments (Tables)
Fair Value Of Financial Instruments - Fair Value Hierarchy (Details)
Fair Value Of Financial Instruments - Narrative (Details)
Fair Value Of Financial Instruments - Reconciliation Of Level 3 Fair Value (Details)
Financing Arrangements
Financing Arrangements (Details)
Goodwill And Intangible Assets
Goodwill And Intangible Assets (Tables)
Goodwill And Intangible Assets - Narrative (Details)
Goodwill And Intangible Assets - Schedule Of Expected Amortization Expense (Details)
Goodwill And Intangible Assets - Schedule Of Goodwill (Details)
Goodwill And Intangible Assets - Schedule Of Other Intangibles (Details)
Income Taxes
Income Taxes (Tables)
Income Taxes - Components Of Earnings Before Income Taxes Determined By Tax Jurisdiction (Details)
Income Taxes - Deferred Tax Assets And Liabilities (Details)
Income Taxes - Deferred Tax Assets And Liabilities By Balance Sheet Location (Details)
Income Taxes - Effective Income Tax Rate Reconciliation (Details)
Income Taxes - Income Taxes Attributable To Earnings Before Income Taxes (Details)
Income Taxes - Narrative (Details)
Income Taxes - Unrecognized Tax Benefits Roll Forward (Details)
Investments In Productions And Investments In Acquired Content Rights
Investments In Productions And Investments In Acquired Content Rights (Tables)
Investments In Productions And Investments In Acquired Content Rights - Narrative (Details)
Investments In Productions And Investments In Acquired Content Rights - Program Costs Amortization (Details)
Investments In Productions And Investments In Acquired Content Rights - Programming Costs (Details)
Leases
Leases (Tables)
Leases - Lease Cost (Details)
Leases - Maturities Of Operating Lease Liabilities (Details)
Leases - Narrative (Details)
Long-Term Debt
Long-Term Debt (Tables)
Long-Term Debt - Future Contractual Maturities (Details)
Long-Term Debt - Long-Term Debt Instruments (Details)
Long-Term Debt - Narrative (Details)
Long-Term Debt - Production Financing Loans (Details)
Long-Term Debt - Schedule Of Line Of Credit Facilities (Details)
Long-Term Debt - Schedule Of Movements In Production Financing And Other Related Loans (Details)
Other Comprehensive Earnings (Loss)
Other Comprehensive Earnings (Loss) (Tables)
Other Comprehensive Earnings (Loss) - Gains (Losses) On Derivative Instruments (Details)
Other Comprehensive Earnings (Loss) - Schedule Of Accumulated Other Comprehensive Earnings (Loss) (Details)
Other Comprehensive Earnings (Loss) - Schedule Of Other Comprehensive Income (Loss), Tax Effect (Details)
Pension, Postretirement And Postemployment Benefits
Pension, Postretirement And Postemployment Benefits (Tables)
Pension, Postretirement And Postemployment Benefits - Assumptions Used To Determine Net Periodic Benefit Cost Of Pension Plan And Postreitrement Plan (Details)
Pension, Postretirement And Postemployment Benefits - Assumptions Used To Determine Year-End Pension And Postretirement Benefit Obligation (Details)
Pension, Postretirement And Postemployment Benefits - Components Of Net Periodic Benefit Cost (Details)
Pension, Postretirement And Postemployment Benefits - Expected Benefit Payments (Details)
Pension, Postretirement And Postemployment Benefits - Narrative (Details)
Pension, Postretirement And Postemployment Benefits - Summary Of Changes In Projected Benefit Obligation (Details)
Property, Plant And Equipment
Property, Plant And Equipment (Tables)
Property, Plant And Equipment - Narrative (Details)
Property, Plant And Equipment - Schedule Of Property, Plant And Equipment (Details)
Restructuring Actions
Restructuring Actions (Details)
Restructuring Actions (Tables)
Restructuring Actions - Schedule Of Restructuring And Related Costs (Details)
Revenue Recognition
Revenue Recognition (Tables)
Revenue Recognition - Additional Information (Details)
Revenue Recognition - Contract Assets And Liabilities (Details)
Schedule Ii Valuation And Qualifying Accounts
Schedule Ii Valuation And Qualifying Accounts (Details)
Segment Reporting
Segment Reporting (Tables)
Segment Reporting - Geographic Information (Details)
Segment Reporting - Information And Reconciliation By Segment (Details)
Segment Reporting - Net Revenues By Brand Portfolio (Details)
Segment Reporting - Net Revenues By Category (Details)
Segment Reporting - Net Revenues By Geographic Regions (Details)
Segment Reporting - Other Information (Details)
Stock Options, Other Stock Awards And Warrants
Stock Options, Other Stock Awards And Warrants (Tables)
Stock Options, Other Stock Awards And Warrants - Narrative (Details)
Stock Options, Other Stock Awards And Warrants - Schedule Of Share-Based Payment Award (Details)
Stock Options, Other Stock Awards And Warrants - Stock Options (Details)
Stock Options, Other Stock Awards And Warrants - Stock Performance Awards (Details)
Stock Options, Other Stock Awards And Warrants - Total Compensation Expense Related To Stock Options, Restricted Stock Units And Stock Performance Awards (Details)
Summary Of Significant Accounting Policies
Summary Of Significant Accounting Policies (Policies)
Summary Of Significant Accounting Policies (Tables)
Summary Of Significant Accounting Policies - Breakout Of Noncontrolling Interests (Details)
Summary Of Significant Accounting Policies - Narrative (Details)
Summary Of Significant Accounting Policies - Schedule Of Earnings Per Share, Basic And Diluted (Details)
Ticker: HAS
CIK: 46080
Form Type: 10-K Annual Report
Accession Number: 0000046080-22-000023
Submitted to the SEC: Wed Feb 23 2022 2:22:04 PM EST
Accepted by the SEC: Wed Feb 23 2022
Period: Sunday, December 26, 2021
Industry: Games Toys And Childrens Vehicles No Dolls And Bicycles

External Resources:
Stock Quote
Social Media

Bookmark the Permalink:
https://last10k.com/sec-filings/has/0000046080-22-000023.htm