Hasbro backs FY24 adjusted EBITDA view $975M-$1.025B

For the full year, the company now expects: Consumer Products Segment revenue down 12% to 14%; Adjusted operating margin 4% to 6%. Wizards of the Coast and Digital Gaming Segment revenue flat to down 1%; Operating margin of approximately 42%. Pro-Forma Entertainment segment revenue down $15 million; Adjusted operating margin of approximately 60%. Total Hasbro (HAS) Adjusted EBITDA of $975 million to $1.025 billion. Gross savings target of $750 million by year end 2025.