Why Toy Maker Hasbro's Shares Are Shooting Higher Today - Ha

Why Toy Maker Hasbro's Shares Are Shooting Higher Today - Hasbro (NASDAQ:HAS)

Hasbro reports a 24.4% year-on-year sales decline in first-quarter FY24, totaling $757.30 million. However, the company beats analyst estimates, with adjusted EPS of $0.61 outperforming the consensus of $0.27. Hasbro's operating margin expands significantly, reaching 15.3%.

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