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Hasbro reports $171M loss in Q3, cuts full-year revenue outlook

PAWTUCKET – Hasbro Inc. on Thursday reported a loss of $171 million in the third quarter of 2023, following a year-ago profit of $129.2...
HASBRO INC. on Thursday reported a loss of $22.1 million in the first quarter of 2023, a decline of greater than 100% year-over-year. / PBN PHOTO

Hasbro reports $22.1M loss in Q1

PAWTUCKET – Hasbro Inc. on Thursday reported a loss of $22.1 million in the first quarter of 2023 compared with a profit of $61.2...
HASBRO INC. CEO Chris Cocks was compensated more than $9.4 million in 2022 despite the company reporting a loss for the year, the Rhode-Island based toy maker reported in a proxy statement released on April 3.  / COURTESY HASBRO INC.

Hasbro CEO Cocks earned $9.4M in 2022

PAWTUCKET – Hasbro Inc. CEO Chris Cocks was compensated more than $9.4 million in 2022 despite the company reporting a loss for the year,...

Report: Hasbro division cancels 5 video game projects

PROVIDENCE – Wizards of the Coast, a division of Hasbro Inc. that makes trading card games and role-playing games including Magic: The Gathering and...
WAKANDA FOREVER: From left, Bryony Bouyer, Hasbro Inc.’s senior vice president of diversity and inclusion and multicultural strategy; Olga Lowe, manager of global brand development and marketing; Tayla Reo, product development manager; and Phil Johnston, senior creative writer, pose with arms crossed in a salute made famous in Marvel Entertainment LLC’s Universe’s “Black Panther” movie. 
PBN PHOTO/DAVID HANSEN

Equity is serious business for this toy company

PBN 2022 Diversity Equity & Inclusion Awards Entertainment: Hasbro Inc. WITH ITS STORIED, almost centurylong history, Pawtucket-based Hasbro Inc. is known as the corporate parent...

Hasbro puts part of Entertainment One division up for sale

PAWTUCKET – Hasbro Inc. announced Thursday it is selling part of its film and TV production and distribution unit, Entertainment One. “Following our recent Investor...

Hasbro Q1 profit shrinks to $61.2M

PAWTUCKET – Hasbro Inc. on Tuesday reported a profit of $61.2 million in the first quarter of 2022, a 47% year-over-year decline. On a per-share...
ZOLL MEDICAL CORPORATION bought a 117,360-square-foot commercial property at 200 Narragansett Park Drive in East Providence that’s now occupied by Hasbro Inc. The property was purchased recently from Paolino Properties LP. / COURTESY PAOLINO PROPERTIES LP

ZOLL Medical Corp. buys Hasbro-used E.P. facility for $18M

EAST PROVIDENCE – A 117,360-square-foot commercial property now occupied by Hasbro Inc. was recently sold by Paolino Properties LP to ZOLL Medical Corp. for...
HASBRO'S SECOND-QUARTER profit totaled $13.4 million. In the fall of 2017 the company held HasCon, an event that showcased Hasbro's brands - including Monopoly - and licensed products. / PBN FILE PHOTO/NICOLE DOTZENROD

Hasbro profit declines on pension settlement while sales push up

PAWTUCKET – Hasbro Inc. reported a profit of $13.4 million in the second quarter, a 77.7% decline from the same 2018 period. Earnings per diluted...
HASBRO's deal with Netflix to make a "Magic: The Gathering"streaming show is expected to generate "significant revenue" for the company, according to some analysts. / COURTESY HASBRO INC.

Fantasy card game Netflix deal may be `magic’ for Hasbro shares

NEW YORK – Hasbro Inc.’s popular fantasy card game featuring wizard duels and mythical creatures is about to go more mainstream. The toymaker is...
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