Fourth Quarter and Full-Year 2022
Full-year revenues of $5.86 billion were down 9% year-over-year, a decline of 6% on a constant currency basis. Operating profit of $407.7 million, or 7.0% operating profit margin, and adjusted operating profit of $922.5 million, or 15.8% adjusted operating profit margin.
Fourth quarter revenues of $1.68 billion, down 17% year-over-year, a decline of 14% on a constant currency basis. Operating loss of $125.7 million, or -7.5% operating profit margin, and adjusted operating profit of $269.2 million, or 16.0% adjusted operating profit margin.
investor.hasbro.com/news-releases/...full-year-2022-financial
2023 Outlook
- Revenue down low-single digits
- Expand Adjusted Operating Profit Margin of 50 to 70 basis points, excluding
Operational Excellence charge and other non-GAAP items*
- Adjusted Earnings per diluted share in the range of $4.45-$4.55
- Adjusted EBITDA approximately flat with 2022 Adjusted EBITDA
- Operating Cash Flow in the range of $600-$700M
