Hasbro sees FY24 adjusted EBITDA $975M-$1.025B

For the full year, the company now expects: Consumer Products Segment revenue down 7% to 11%; Adjusted operating margin 4% to 6%. Wizards of the Coast Segment revenue down 1% to 3%; Operating margin of approximately 42%. Pro-Forma Entertainment segment revenue down $15 million; Adjusted operating margin of approximately 60%. Total Hasbro Adjusted EBITDA of $975 million to $1.025 billion. Gross savings target of $750 million by year end 2025. 2024 Capital Allocation priorities: Invest in core business. Return cash to shareholders through the dividend. Continue to pay down debt and progress towards leverage target.