{"id":27989,"date":"2024-07-25T09:17:38","date_gmt":"2024-07-25T13:17:38","guid":{"rendered":"https:\/\/worldscreen.com\/tvkids\/hasbro-reports-q2-profit\/"},"modified":"2024-07-25T10:52:19","modified_gmt":"2024-07-25T14:52:19","slug":"hasbro-reports-q2-profit","status":"publish","type":"post","link":"https:\/\/worldscreen.com\/tvkids\/hasbro-reports-q2-profit\/","title":{"rendered":"Hasbro Reports Q2 Profit"},"content":{"rendered":"<p>Hasbro swung to a profit of $138.5 million in the second quarter on revenues that were down 18 percent to $995.3 million, largely from its sale of the Entertainment One assets.<\/p>\n<p class=\"p1\">&#8220;We delivered a solid performance in games and digital licensing and substantial margin improvement this quarter,\u201d said CEO Chris Cocks. \u201cHasbro is emerging as a more profitable, agile and operationally excellent company delighting fans of all ages through the magic of play.&#8221;<\/p>\n<p>Excluding the eOne divesture, revenues were down 6 percent as gaming helped to mitigate declines in consumer products and entertainment. Consumer products revenues were down 20 percent to $524.4 million, while entertainment, excluding the eOne sale, was down 30 percent to $18.8 million. Wizards of the Coast and digital gaming saw revenues rise by 20 percent to $452 million.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hasbro swung to a profit of $138.5 million in the second quarter on revenues that were down 18 percent to $995.3 million, largely from its sale of the Entertainment One assets.<\/p>\n","protected":false},"author":290,"featured_media":27990,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"pmpro_default_level":0,"footnotes":""},"categories":[21],"tags":[8636,166],"class_list":["post-27989","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-top-stories","tag-chris-cocks","tag-hasbro","pmpro-has-access"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Hasbro Reports Q2 Profit - TVKIDS<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/worldscreen.com\/tvkids\/hasbro-reports-q2-profit\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hasbro Reports Q2 Profit - TVKIDS\" \/>\n<meta property=\"og:description\" content=\"Hasbro swung to a profit of $138.5 million in the second quarter on revenues that were down 18 percent to $995.3 million, largely from its sale of the Entertainment One assets.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/worldscreen.com\/tvkids\/hasbro-reports-q2-profit\/\" \/>\n<meta property=\"og:site_name\" content=\"TVKIDS\" \/>\n<meta property=\"article:published_time\" content=\"2024-07-25T13:17:38+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-07-25T14:52:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/worldscreen.com\/tvkids\/wp-content\/uploads\/sites\/9\/2024\/07\/Hasbro-Logo-0424.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"640\" \/>\n\t<meta property=\"og:image:height\" content=\"394\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Mansha Daswani\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mansha Daswani\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/worldscreen.com\/tvkids\/hasbro-reports-q2-profit\/\",\"url\":\"https:\/\/worldscreen.com\/tvkids\/hasbro-reports-q2-profit\/\",\"name\":\"Hasbro Reports Q2 Profit - TVKIDS\",\"isPartOf\":{\"@id\":\"https:\/\/worldscreen.com\/tvkids\/#website\"},\"datePublished\":\"2024-07-25T13:17:38+00:00\",\"dateModified\":\"2024-07-25T14:52:19+00:00\",\"author\":{\"@id\":\"https:\/\/worldscreen.com\/tvkids\/#\/schema\/person\/83da304c8bad8bfdb3edd7eb47cfe5ad\"},\"breadcrumb\":{\"@id\":\"https:\/\/worldscreen.com\/tvkids\/hasbro-reports-q2-profit\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/worldscreen.com\/tvkids\/hasbro-reports-q2-profit\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/worldscreen.com\/tvkids\/hasbro-reports-q2-profit\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/worldscreen.com\/tvkids\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Hasbro Reports Q2 Profit\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/worldscreen.com\/tvkids\/#website\",\"url\":\"https:\/\/worldscreen.com\/tvkids\/\",\"name\":\"TVKIDS\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/worldscreen.com\/tvkids\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/worldscreen.com\/tvkids\/#\/schema\/person\/83da304c8bad8bfdb3edd7eb47cfe5ad\",\"name\":\"Mansha Daswani\",\"description\":\"Mansha Daswani is the editor-in-chief and associate publisher of World Screen. 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