• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI Executive AssistantNEW
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI Executive AssistantNEW
  • Settings
  • RSS Feeds
PublishGo to AppAI Helper
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI employees for your businessNEW
    Legal
    Terms of usePrivacy policyCookie policy

    Amendment: SEC Form 11-K/A filed by Hasbro Inc.

    6/30/25 3:37:33 PM ET
    $HAS
    Recreational Games/Products/Toys
    Consumer Discretionary
    Get the next $HAS alert in real time by email
    11-K/A 1 a2024hasbroincreportonform.htm 11-K/A Document

    UNITED STATES
    SECURITIES AND EXCHANGE COMMISSION
    Washington, D.C. 20549
    __________________________
    FORM 11-K/A
    (Amendment No. 1)
    (Mark One)
    \X\ ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

    For the fiscal year ended December 31, 2024
    or
    \ \ TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

    For the transition period from _______ to _______

    Commission file number 1-6682
    __________________________

    A. Full title of the plan and the address of the plan, if different from that of the issuer named below:

    HASBRO, INC. RETIREMENT SAVINGS PLAN
    __________________________

    B. Name of the issuer of the securities held pursuant to the plan and the address of its principal executive office:

    HASBRO, INC.
    1027 Newport Avenue
    Pawtucket, RI 02862-1059

    REQUIRED INFORMATION




    Explanatory Note

    This Amendment No. 1 on Form 11-K/A (this “Amendment”) amends the Annual Report on Form 11-K of the Hasbro, Inc. Retirement Saving Plan, filed on June 25, 2025 (the “Original Form 11-K”) to correct the labeling in the filing. The Original Form 11-K and the related Exhibit 23 were inadvertently labeled to reference the other document. This Amendment properly associates each labeled document. No changes have been made to the Financial Statements and Supplemental Schedule.





    I. FINANCIAL STATEMENTS

    The following Plan financial statements and schedule prepared in accordance with the financial reporting requirements of the Employee Retirement Income Security Act of 1974 are filed herewith, as permitted by Item 4 of Form 11-K:

    Report of Independent Registered Public Accounting Firm
    Statements of Net Assets Available for Plan Benefits as of December 31, 2024 and 2023
    Statements of Changes in Net Assets Available for Plan Benefits for the years ended December 31, 2024 and 2023
    Notes to Financial Statements

    Supplemental Schedule:
    Schedule H, Line 4i - Schedule of Assets (Held at End of Year)

    Other schedules are omitted as the required information is not applicable.

    II. EXHIBITS

    23 Consent of Independent Registered Public Accounting Firm





    SIGNATURES
    Pursuant to the requirements of the Securities Exchange Act of 1934, the Committee appointed by the Board of Directors of Hasbro, Inc. to administer the Plan has duly caused this annual report to be signed on its behalf by the undersigned hereunto duly authorized.


    Hasbro, Inc. Retirement Savings Plan
    /s/ Gina Goetter
    Date: June 30, 2025Gina Goetter
    Chief Financial Officer and Chief Operating Officer
    (Duly Authorized Officer and
    Principal Financial and Principal Accounting Officer)




    Report of Independent Registered Public Accounting Firm

    To the Plan Participants and Hasbro, Inc., as Plan Administrator
    Hasbro, Inc. Retirement Savings Plan

    Opinion on the Financial Statements

    We have audited the accompanying statements of net assets available for plan benefits of Hasbro, Inc. Retirement Savings Plan (the Plan) as of December 31, 2024 and 2023, the related statements of changes in net assets available for plan benefits for the years ended December 31, 2024 and 2023, and the related notes (collectively, the financial statements). In our opinion, the financial statements present fairly, in all material respects, the net assets available for plan benefits of the Plan as of December 31, 2024 and 2023, and the changes in net assets available for plan benefits for the years ended December 31, 2024 and 2023, in conformity with U.S. generally accepted accounting principles.

    Basis for Opinion

    These financial statements are the responsibility of the Plan’s management. Our responsibility is to express an opinion on these financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Plan in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

    We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud. Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audits provide a reasonable basis for our opinion.

    Accompanying Supplemental Information

    The Schedule H, line 4i - Schedule of Assets (Held at End of Year) as of December 31, 2024 has been subjected to audit procedures performed in conjunction with the audit of the Plan’s financial statements. The supplemental information is the responsibility of the Plan’s management. Our audit procedures included determining whether the supplemental information reconciles to the financial statements or the underlying accounting and other records, as applicable, and performing procedures to test the completeness and accuracy of the information presented in the supplemental information. In forming our opinion on the supplemental information, we evaluated whether the supplemental information, including its form and content, is presented in conformity with the Department of Labor’s Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974. In our opinion, the supplemental information is fairly stated, in all material respects, in relation to the financial statements as a whole.
    /s/ KPMG LLP

    We have served as the Plan’s auditor since 1986.

    New York, New York
    June 25, 2025
    1

    HASBRO, INC. RETIREMENT SAVINGS PLAN
    Statements of Net Assets Available for Plan Benefits
    December 31, 2024 and 2023
    20242023
    Assets
    Cash and cash equivalents (Note 8)$2,228,550 $2,732,222 
    Investments, at fair value (Note 8)933,739,474 868,578,713 
    Investments, at contract value (Note 3)46,528,721 61,856,569 
    Total investments and cash and cash equivalents (Note 3)982,496,745 933,167,504 
    Receivables:
    Employer contributions6,460,527 9,995,343 
    Due from brokers for securities sold112,514 169,388 
    Notes receivable from participants5,553,697 5,249,880 
    Total receivables12,126,738 15,414,611 
    Total assets994,623,483 948,582,115 
    Liabilities
    Payables for securities purchased104,456 305,111 
    Accrued expenses167,009 218,701 
    Total liabilities271,465 523,812 
    Net assets available for plan benefits$994,352,018 $948,058,303 
    See accompanying notes to financial statements.







    2

    HASBRO, INC. RETIREMENT SAVINGS PLAN
    Statements of Changes in Net Assets Available for Plan Benefits
    Years Ended December 31, 2024 and 2023
    20242023
    Investment income:
    Net appreciation in fair value of investments$149,474,849 $159,297,232 
    Dividends and interest6,222,519 4,189,465 
    Total investment income155,697,368 163,486,697 
    Contributions:
    Rollovers7,494,458 3,557,463 
    Participant contributions30,961,189 30,939,509 
    Employer contributions24,253,465 28,148,471 
    Total contributions62,709,112 62,645,443 
    Interest income on notes receivable from participants354,674 246,354 
    Deductions from net assets attributed to:
    Termination, withdrawal, and retirement payments directly to participants174,173,403 85,068,375 
    Administrative expenses213,934 283,484 
    Total deductions174,387,337 85,351,859 
    Net increase before Plan transfer44,373,817 141,026,635 
    Net transfer of assets into Plan (Note 9)1,919,898 — 
    Net increase46,293,715 141,026,635
    Net assets available for plan benefits
    Beginning of year948,058,303 807,031,668
    End of year$994,352,018 $948,058,303 
    See accompanying notes to financial statements.







    3

    HASBRO, INC. RETIREMENT SAVINGS PLAN
    Notes to Financial Statements
    December 31, 2024 and 2023

    (1) Description of Plan

    The following brief description of the Hasbro, Inc. Retirement Savings Plan ("the Plan") is provided for general information purposes only. Participants should refer to the Plan document for more complete information.

    (a) General

    The Plan is a defined contribution plan subject to the provisions of the Employee Retirement Income Security Act of 1974 ("ERISA") and is available to substantially all domestic employees of Hasbro, Inc. and certain subsidiaries (collectively "the Company," "Plan Administrator" or "Plan Sponsor"). Participation in the Plan is voluntary and to be eligible, employees must have attained age 21 and be in a covered job classification.

    Fidelity Management Trust Company (“the Trustee”) serves as Trustee and Recordkeeper of the Plan.

    (b) Contributions

    Eligible employees may contribute up to 75% of their eligible pay, limited to an annual maximum of $23,000 in 2024 and $22,500 in 2023. Contributions may be limited to less than the maximum percentage of eligible pay to enable the Company to meet IRS discrimination regulations. The Company makes a matching contribution of 200% of the first 2% of the participants' eligible pay that they contribute per pay period, plus a 50% match of the next 4% of participants' eligible pay that they contribute per pay period up to a maximum matching contribution of 6% of a participant's eligible pay per pay period.

    The Company may also make a discretionary annual contribution after the close of each year, which is targeted at 3% of eligible pay. Discretionary contributions totaling $6,460,527 and $9,995,343 were made for plan years 2024 and 2023, respectively.

    All eligible employees who have reached age 50 by the end of the calendar year are permitted to make additional pre-tax deferrals over and above the otherwise applicable limits. These additional deferrals are called "catch-up contributions". Catch-up contributions may be made up to an additional $7,500 in 2024 and 2023.


    (c) Vesting

    All participants currently employed by the Company own, or are vested in, 100% of both employee contributions and the Company's matching contributions to the Plan. Participants become 100% vested in the Company's discretionary annual contribution after three years of vesting service. Participants earn one year of vesting service for each calendar year in which the participant has worked at least 1,000 hours.

    (d) Forfeitures

    The unvested portion of a terminated participant's account is forfeited and used to reduce future employer contributions. Forfeitures were $671,771 and $405,137 in 2024 and 2023, respectively. The forfeited account balances were $0 as of December 31, 2024 and 2023.

    4

    HASBRO, INC. RETIREMENT SAVINGS PLAN
    Notes to Financial Statements
    December 31, 2024 and 2023
    (e) Payment of Benefits

    Payments to participants may be paid upon retirement, disability, or termination of employment. The account balance will be paid to a beneficiary upon death of the participant. Participants in the Plan have the option of receiving their benefit payments either in a lump sum or in periodic installments. Participants, except for terminated participants, may also make in-service withdrawals from their Pre-Tax Savings Contribution Account in the event of a demonstrated severe financial hardship as defined by the IRS Safe Harbor rules. Participants who have reached age 59 ½ may make in-service withdrawals from their vested accounts excluding the annual company contribution and the transition contribution sources in the Plan for any reason. Distributions made to individuals who have not attained the age of 59 ½ may be subject to an IRS imposed 10% early distribution penalty.

    (f) Notes Receivable from Participants

    The maximum loan available to each participant is the lesser of (1) $50,000 reduced by the highest outstanding loan balance due from the participant during the preceding twelve months, or (2) 50% of the participant's vested account balance, reduced by the current outstanding loan balance due from the participant. The minimum loan amount available to participants is $500. Each loan shall bear a fixed interest rate equal to the prime interest rate as published in the Wall Street Journal on the last day of the previous month. Repayment of the loan must be made over a period not to exceed five years, unless it is for the purchase of a primary residence, in which case the loan period cannot exceed ten years.

    (2) Summary of Accounting Policies

    (a) Basis of Accounting

    The preparation of financial statements in conformity with U.S. generally accepted accounting principles (“U.S. GAAP”) requires the Plan Administrator to make estimates and assumptions that affect the reported amounts in the financial statements and accompanying notes. Actual results could differ from those estimates. The accompanying financial statements are presented on the accrual basis of accounting. Benefits payable at year end are not accrued for as they are considered to be a component of the net assets available for plan benefits.

    (b) Investments

    Investments are stated at fair value with the exception of the Plan’s fully benefit-responsive investment contracts which are stated at contract value. See Note 8 for a discussion of the methods used to determine the fair value of investments held by the Plan.

    Security transactions received prior to 4:00 pm Eastern time by the Trustee are recognized on that business day. Transactions received after 4:00 pm Eastern time are valued as of the next business day.

    Interest income is recorded on the accrual basis and dividend income is recorded on the ex-dividend date.

    Net appreciation (depreciation) in the fair value of investments includes both realized and unrealized gains and losses.

    (c) Notes Receivable from Participants

    Notes receivable from participants are recorded at the outstanding principal balance plus accrued interest.

    (d) Contributions

    Contributions from employees are recorded by the Plan when deducted from employees' wages. The Company's matching contributions are accrued at the time the employee's contributions are deducted. For the years ended
    5

    HASBRO, INC. RETIREMENT SAVINGS PLAN
    Notes to Financial Statements
    December 31, 2024 and 2023
    December 31, 2024 and 2023, employer and employee contributions for the last pay period of the year were paid to the Plan prior to the Plan's year end. The Company’s discretionary annual contribution for 2024 and 2023 was paid to the Plan subsequent to the end of the Plan year and was recorded as employer contributions receivable on the Statements of Net Assets Available for Plan Benefits at December 31, 2024 and December 31, 2023.

    (e) Payments of Benefits

    Benefits are recorded when paid.

    (f) Administrative Expenses

    The Plan bears all costs and general expenses incurred with regard to investment consulting, audit, legal and communication fees, other professional fees, independent fund managers and the purchase and sale of investments. These expenses are paid by the Plan participants equally. Other costs of administration are paid for by the Plan Administrator.

    (3) Investment Information

    Participants may elect to have their accounts invested in one or more of the investment funds offered by the Plan. Investment options are selected by the Plan’s Investment Committee (which is comprised of members of management, established by the Board to monitor the Plan’s investment options and evaluate performance). At December 31, 2024, investment funds offered by the Plan included the following nationally traded mutual fund and commingled funds:

    Mutual FundCommingled Funds
    Dodge & Cox Stock Fund
    BTC ACWI ex-US IMI Index Fund
    BTC Equity Index Fund
    BTC Lifepath Retirement
    BTC Lifepath 2030
    BTC Lifepath 2035
    BTC Lifepath 2040
    BTC Lifepath 2045
    BTC Lifepath 2050
    BTC Lifepath 2055
    BTC Lifepath 2060
    BTC Lifepath 2065
    BTC Russell 2500 Index Fund
    BTC US Debt Index NL Fund
    BTW SMID Cap CIT
    Eaton Vance Collective Investment Trust High Yield Fund
    Fidelity Growth Company Pool
    LS Core Plus Trust Fund Class B
    MFS Institutional International Equity Fund

    Participants can elect to invest up to 25% of their contributions in the Hasbro Stock Fund, which is a unitized stock fund that invests in the stock of Hasbro, Inc. and other short-term investments designed to allow
    6

    HASBRO, INC. RETIREMENT SAVINGS PLAN
    Notes to Financial Statements
    December 31, 2024 and 2023
    participants to buy and sell without the usual trade settlement period for individual stock transactions. Ownership is measured in units of the fund instead of shares of common stock. Participants cannot elect to reallocate their investment funds if that would result in greater than 25% of their account invested in the Hasbro Stock Fund. The fair value of the cash and investments of the Hasbro Stock Fund was $12,242,808 and $11,935,075 as of December 31, 2024 and 2023, respectively.

    The Plan invests in fully benefit-responsive synthetic guaranteed investment contracts ("synthetic GICs") as part of offering the JP Morgan Stable Asset Fund investment option to participants. Participant contributions to this fund are primarily used to purchase units of commingled funds, which are invested in a high-quality fixed income portfolio. The synthetic GICs are comprised of wrapper contracts and underlying investments.

    The Company enters into wrapper contracts with insurance companies which provide a guarantee with respect to the availability of funds to make distributions from this investment option. These contracts are carried at contract value in the participants' accounts. The issuer of the wrapper contracts is contractually obligated to repay the principal, as well as a specified interest rate that is set on a quarterly basis. There are no reserves against contract value for credit risk of the contract issuer or otherwise.

    The JP Morgan Stable Asset Fund and the wrapper contracts purchased are designed to pay all participants at contract value. However, certain events limit the ability of the Plan to transact at contract value. These events include but are not limited to premature termination of the contracts by the Plan or Plan termination. The Plan Sponsor has not expressed any intention to take either of these actions.

    The synthetic guaranteed investment contracts in the JP Morgan Stable Asset Fund as of December 31, 2024 and 2023 are summarized below:

    Major Credit RatingInvestments at Contract Value
    December 31, 2024
    Transamerica Premier Life Insurance CompanyA+$11,621,469 
    Pacific Life Insurance CompanyAA-11,632,705 
    Voya Insurance and Annuity Co.A+11,637,702 
    Metropolitan Life Insurance CompanyAA-11,636,845 
    All Contracts$46,528,721 
    December 31, 2023
    Transamerica Premier Life Insurance CompanyA+$15,455,529 
    Pacific Life Insurance CompanyAA-15,464,307 
    Voya Insurance and Annuity Co.A+15,469,162 
    Metropolitan Life Insurance CompanyAA-15,467,571 
    All Contracts$61,856,569 

    Participant accounts in the JP Morgan Stable Asset Fund are credited with interest at a fixed rate that is based on an agreed-upon formula as defined in the contracts. The rate typically resets quarterly; however, the rate may reset more frequently under certain circumstances. The primary variables which could impact the future crediting rates include (1) the amount and timing of participant contributions, (2) transfers and withdrawals into/out of the contract, (3) the current yield of the assets underlying the contract, (4) the duration of the assets underlying the contract and (5) the existing difference between fair value of the securities and the contract value of the assets within the insurance contract. The crediting rate of security-backed contracts will track current market yields on a trailing basis. The rate reset allows the contract value to converge with the fair value of the
    7

    HASBRO, INC. RETIREMENT SAVINGS PLAN
    Notes to Financial Statements
    December 31, 2024 and 2023
    underlying portfolio over time, assuming the portfolio continues to earn the current yield for a period of time equal to the current portfolio duration.

    (4) Related Party Transactions

    Certain Plan investments are shares of mutual funds managed by Fidelity Management and Research Company, an affiliate of the Trustee and Recordkeeper, and, therefore, qualify as party-in-interest transactions. The Plan had 2,914,963 and 3,383,707 units of the Fidelity Growth Company Pool commingled fund valued at $206,204,464 and $174,396,258, respectively, as of December 31, 2024 and 2023. The Plan also had cash and cash equivalents in the Fidelity Short-term Investment Fund of $2,228,550 and $2,732,222, respectively, as of December 31, 2024 and 2023. Additionally, the Plan holds investments in shares of Hasbro, Inc. common stock, the Plan Sponsor. The Plan had 206,986 and 223,033 shares of Hasbro, Inc. common stock valued at $11,572,587 and $11,388,065, respectively, as of December 31, 2024 and 2023. These transactions qualify as exempt party-in-interest transactions.

    (5) Plan Termination

    Upon termination of the Plan and trust, each participant thereby affected shall be entitled to receive the full value of the participant’s vested account balance in accordance with the terms of the Plan as of the final valuation date. The Trustee shall make payments of such amounts as directed by the Plan Administrator.

    Although the Company has not expressed any intent to do so, it reserves the right to terminate the Plan at any time subject to ERISA provisions.

    (6) Risks and Uncertainties

    The Plan provides for investments in various funds, which invest in equity and debt securities and other investments. Such investments are exposed to risks and uncertainties, such as interest rate risk, credit risk, economic and political risks, regulatory changes, and foreign currency risk. In addition, participants may elect to invest up to 25% of their contributions in the Hasbro Stock Fund. The underlying performance of this fund is dependent upon the performance of the Company and the market's evaluation of such performance. The Plan's exposure to a concentration of credit risk is subject to the Plan's investment funds selected by participants. These risks and uncertainties could impact participants' account balances and the amounts reported in the financial statements.

    (7) Federal Income Taxes

    The Internal Revenue Service issued a determination letter on July 19, 2016, stating that the Plan and its underlying trust are designed in accordance with applicable sections of the Internal Revenue Code (IRC). Although the Plan has been amended since the effective date of the determination letter, the Plan Administrator believes that the Plan is designed and is currently being operated in compliance with the applicable requirements of the IRC and therefore believes that the Plan is qualified and the related trust is tax-exempt. Therefore, no provision for income taxes is included in the Plan’s financial statements.

    U.S. GAAP requires Plan management to evaluate tax positions taken by the Plan and recognize a tax liability (or asset) if the Plan has taken an uncertain position that more likely than not would not be sustained upon examination by the Internal Revenue Service. The Plan Administrator has analyzed the tax positions taken by the Plan, and has concluded that as of December 31, 2024 and 2023, there are no uncertain positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements. The Plan is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress.

    8

    HASBRO, INC. RETIREMENT SAVINGS PLAN
    Notes to Financial Statements
    December 31, 2024 and 2023
    (8) Fair Value Measurements

    The Plan measures certain assets at fair value. The fair value hierarchy consists of three levels: Level 1 fair values are valuations based on quoted or published market prices, or published net asset values for alternative investments in funds similar to mutual funds, in active markets for identical assets or liabilities that the entity has the ability to access; Level 2 fair values are those valuations based on quoted or published prices for similar assets or liabilities, quoted or published prices in markets that are not active, or other inputs that are observable or can be corroborated by observable data for substantially the full term of the assets or liabilities; and Level 3 fair values are valuations based on inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities.

    The Plan had the following assets measured at fair value in its Statements of Net Assets Available for Plan Benefits:

    Fair Value Measurements Using:
    Fair ValueQuoted Prices in Active Markets for Identical Assets (Level 1)Significant Other Observable Inputs (Level 2)Significant Unobservable Inputs (Level 3)
    December 31, 2024
    Cash and Cash Equivalents$2,228,550 $2,228,550 $— $— 
    Hasbro, Inc. Common Stock11,572,587 11,572,587— — 
    Mutual Funds56,228,824 56,228,824— — 
    Commingled Funds865,938,063 865,938,063 — — 
    Total Investments and Cash$935,968,024 $935,968,024 $— $— 
    December 31, 2023
    Cash and Cash Equivalents$2,732,222 $2,732,222 $— $— 
    Hasbro, Inc. Common Stock11,388,065 11,388,065— — 
    Mutual Funds61,301,455 61,301,455— — 
    Commingled Funds795,889,193 795,889,193 — — 
    Total Investments and Cash$871,310,935 $871,310,935 $— $— 

    Cash and cash equivalents are held in a money market fund valued using published quotes.

    Hasbro, Inc. Common Stock: Valued at the composite closing price reported on The Nasdaq Global Select Market.

    Mutual Funds and Commingled Funds are valued at the quoted market price as reported by the fund and are redeemable on a daily basis. The quoted market prices represent the net asset value (“NAV”) of shares held by the plan at year-end.

    The availability of observable market data is monitored to assess the appropriate classification of the Plan’s investments within the fair value hierarchy. For the years ended December 31, 2024 and 2023, there were no changes in the fair value hierarchy methodology and no transfers of assets between levels within the fair value hierarchy.


    9

    HASBRO, INC. RETIREMENT SAVINGS PLAN
    Notes to Financial Statements
    December 31, 2024 and 2023
    (9) Plan Merger

    On December 26, 2023, the Entertainment One 401(k) was terminated with the sale of the Plan Sponsor’s eOne film and television business. As part of the termination, the Entertainment One 401(k) plan was converted into the Plan. In March 2024, the Entertainment One 401(k) Plan converted its assets into the Plan. Total assets transferred from the Entertainment One 401(k) Plan were $1,919,898.

    (10) Subsequent Events

    Subsequent events have been evaluated through June 25, 2025, the date the financial statements were available to be issued.

    (11) Reconciliation to Form 5500

    The accompanying financial statements are presented on the accrual basis of accounting and include certain accrued administrative expenses and employer contributions receivable which are not accrued on the Form 5500.

    The following is a reconciliation of net assets available for plan benefits per the financial statements to the Form 5500 at December 31, 2024 and 2023.
    20242023
    Per financial statements$994,352,018 $948,058,303 
    Employer contributions receivable(6,460,527)(9,995,343)
    Accrued administrative expenses107,500 99,355 
    Adjustment from contract value to fair value for fully-benefit responsive investment contracts(2,982,545)(3,255,802)
    Per Form 5500$985,016,446 $934,906,513 

    The following is a reconciliation of the net increase in net assets available for plan benefits before Plan transfer per the financial statements to the Form 5500 for the years ended December 31, 2024 and 2023.

    20242023
    Per Financial Statements$44,373,817 $141,026,635 
    Prior year employer contributions receivable9,995,343 9,994,446 
    Prior year accrued administrative expenses(99,355)(81,355)
    Prior year adjustment from contract value to fair value for fully-benefit responsive contracts3,255,802 4,624,998 
    Current year employer contributions receivable(6,460,527)(9,995,343)
    Current year accrued administrative expenses107,500 99,355 
    Current year adjustment from contract value to fair value for fully-benefit responsive contracts(2,982,545)(3,255,802)
    Per Form 5500$48,190,035 $142,412,934 

    10

    HASBRO, INC. RETIREMENT SAVINGS PLAN
    Schedule H, Line 4i - Schedule of Assets (Held at End of Year)
    December 31, 2024
    (a)(b)(c)(e)
    Identity of issuer, borrower, lessor or similar partyDescription of investment including maturity date, rate of interest, collateral, par or maturity valueCurrent Value
    Mutual Fund
    Dodge & Cox Stock Fund218,628 shares in registered investment company$56,228,824 
    Commingled Funds
    *Fidelity Growth Company Pool2,914,963 units in common collective trust206,204,464 
    BTC Equity Index Fund2,334,582 units in common collective trust124,297,326 
    BTC Lifepath 20502,262,755 units in common collective trust77,879,713 
    BTC Lifepath 20452,130,466 units in common collective trust69,599,356 
    BTC Lifepath 20402,149,249 units in common collective trust65,084,408 
    BTC Lifepath 20352,174,361 units in common collective trust60,063,242 
    BTC Russell 2500 Index Fund1,503,137 units in common collective trust52,218,367 
    BTC Lifepath 20551,397,750 units in common collective trust49,350,067 
    BTC Lifepath 20301,783,698 units in common collective trust44,467,778 
    BTC Lifepath Retirement1,562,187 units in common collective trust29,809,187 
    MFS Institutional International Equity Fund1,593,785 shares in common collective trust29,469,077 
    LS Core Plus Trust Fund Class B1,465,948 units in common collective trust18,145,808 
    Eaton Vance Collective Investment Trust High Yield Fund409,909 units in common collective trust12,981,819 
    BTC Lifepath 2060394,693 units in common collective trust9,469,090 
    BTC ACWI Ex-US IMI Index Fund418,359 units in common collective trust8,955,804 
    BTC Lifepath 2065240,142 units in common collective trust3,936,788 
    BTW SMID Cap CIT151,427 units in common collective trust2,091,208 
    BTC US Debt Index NL Fund161,053 units in common collective trust1,914,561 
    Synthetic Guaranteed Investment Contracts (JP Morgan Stable Asset Fund)
    JPMCB Intermediate Bond Fund2,366,640 units in common collective trust46,528,721 
    Common Stock
    *Hasbro Stock Fund206,986 shares of Hasbro, Inc. common stock11,572,587 
    Cash and Cash Equivalents
    *Fidelity STIFCash and cash equivalents2,228,550 
    Investments and Cash982,496,745 
    *Loans to Participants374 loans with interest rates from 3.25% to 8.5% and maturity dates from 2025 to 20345,553,697 
    Total Investments$988,050,442 
    * Denotes party-in-interest.
    Column (d) representing cost information is not required for participant-directed investments and therefore is not included.
    See accompanying report of independent registered public accounting firm.

    Get the next $HAS alert in real time by email

    Crush Q3 2025 with the Best AI Executive Assistant

    Stay ahead of the competition with Tailforce.ai - your AI-powered business intelligence partner.

    AI-Powered Inbox
    Context-aware email replies
    Strategic Decision Support
    Get Started with Tailforce.ai

    Recent Analyst Ratings for
    $HAS

    DatePrice TargetRatingAnalyst
    7/1/2025$85.00Neutral → Buy
    Goldman
    5/15/2025$75.00Neutral
    DA Davidson
    4/25/2025$72.00Neutral → Buy
    Citigroup
    9/16/2024$85.00 → $90.00Buy
    BofA Securities
    6/14/2024$70.00 → $80.00Neutral → Buy
    BofA Securities
    5/23/2024$61.00 → $74.00Neutral → Overweight
    JP Morgan
    4/25/2024$60.00 → $75.00Buy
    Monness Crespi & Hardt
    1/2/2024$60.00 → $53.00Buy → Neutral
    DA Davidson
    More analyst ratings

    $HAS
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Hasbro to Announce Second Quarter 2025 Earnings on July 23, 2025

      Hasbro, Inc. (NASDAQ:HAS) announced today that the company's second quarter financial results will be released before the market open on Wednesday, July 23, 2025. Hasbro will webcast its second quarter 2025 earnings conference call at 8:30 a.m. Eastern Time. Certain financial and statistical information included in the webcast, such as information required by Regulation G, will be available at the time of the webcast on Hasbro's Investor Relations website at https://investor.hasbro.com. The webcast and the accompanying presentation slides will be available to investors and the media on Hasbro's Investor Relations home page at https://investor.hasbro.com. A replay of the call will be hos

      7/2/25 4:11:00 PM ET
      $HAS
      Recreational Games/Products/Toys
      Consumer Discretionary
    • Galaxy Gaming® and Hasbro Announce Licensing Agreement for World-Famous Games

      LAS VEGAS, July 01, 2025 (GLOBE NEWSWIRE) -- Galaxy Gaming, Inc. (OTC:GLXZ), the world's leading independent developer and distributor of casino table games and technology, and Hasbro, Inc. (NASDAQ:HAS), a leading games, IP and toy entertainment company, today announced they have entered into a multi-year licensing agreement through which Galaxy Gaming will bring Hasbro's iconic games to casino table game pits. Under the terms of the agreement, Galaxy Gaming will develop and distribute casino table games based on Hasbro's world-famous titles, including MONOPOLY, YAHTZEE, and BATTLESHIP. This partnership marries Galaxy Gaming's expertise in creating thrilling casino experiences with th

      7/1/25 9:30:00 AM ET
      $HAS
      Recreational Games/Products/Toys
      Consumer Discretionary
    • Hasbro Strikes New Multi-Year Casino Licensing Partnerships

      Four New Partners Bring Fresh Ways for Fans to Play with Iconic Brands Hasbro, a leading games, IP, and toy company today announced a new slate of multi-year licensing partnerships aimed at transforming and expanding its most popular brands across the casino category. After a comprehensive review and market evaluation, Hasbro has selected Aristocrat Technologies, Evolution, Galaxy Gaming, and Bally's as its newest partners in casino licensing. The new partners join existing licensee Sciplay. The announcement underscores Hasbro's "Playing to Win" strategy, revealed in February 2025, which focuses on innovation, partnerships, and bringing beloved brands to life across more formats than ev

      7/1/25 9:03:00 AM ET
      $BALY
      $HAS
      Hotels/Resorts
      Consumer Discretionary
      Recreational Games/Products/Toys

    $HAS
    Leadership Updates

    Live Leadership Updates

    See more
    • Molson Coors Nominates Chris Cocks as an Independent Director to Join Its Board of Directors

      The Molson Coors Beverage Company ("Molson Coors" or "the company") (NYSE:TAP, TAP.A)) Board of Directors today announced that Christian "Chris" Cocks has been nominated as an independent Class B director for election at the company's Annual Meeting of Stockholders on May 14, 2025. Cocks is a seasoned consumer goods executive who serves as Chief Executive Officer of Hasbro, Inc (NASDAQ:HAS), a leading games, IP and toy company. "With his background evolving a historic business in the consumer goods industry and a track record of driving commercial and operational success, we believe Chris will bring valuable experience and a great voice to our Board. We are very happy to nominate Chris for

      4/2/25 9:00:00 AM ET
      $HAS
      $MSFT
      $TAP
      Recreational Games/Products/Toys
      Consumer Discretionary
      Computer Software: Prepackaged Software
      Technology
    • Hasbro Announces Two New Leaders to Complete Executive Team

      John Hight Joins as President of Wizards of the Coast Holly Barbacovi Joins as Chief People Officer Hasbro, Inc. (NASDAQ:HAS), a leading toy and game company, today announced the appointment of two leaders to its Executive Leadership Team. John Hight will join as President of Wizards of the Coast and Digital Gaming, and Holly Barbacovi will take on the role of Chief People Officer. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240717242929/en/John Hight (Photo: Business Wire) John Hight, a gaming industry titan, joins Hasbro as President of Wizards of the Coast and Digital Gaming. John previously served as Senior Vice Preside

      7/18/24 9:00:00 AM ET
      $HAS
      Recreational Games/Products/Toys
      Consumer Discretionary
    • LITTLEST PET SHOP CELEBRATES THE YEAR OF THE BOBBLE BY ENCOURAGING FANS ACROSS THE GLOBE TO 'BOBBLE TO THE BEAT'

      Following an Epic NYC Premiere Event, Basic Fun! Invites Fans Around the World to Unleash the Bobble with a Custom Song and Dance Challenge Inspired by the Pets BOCA RATON, Fla., April 4, 2024 /PRNewswire/ -- Today, LITTLEST PET SHOP, one of the most well-known collectible toy brands in history, released a call to action to fans around the world to 'unleash the bobble'. In celebration of the franchise's long-anticipated return to retail in January – this is sure to be the "Year of the Bobble"! Debuting last week with a pop-up performance at Toys"R"Us at Macy's Herald Square, Macy's flagship location in New York City, the Bobble to the Beat social campaign encourages kids and kidults alike to

      4/4/24 9:30:00 AM ET
      $HAS
      Recreational Games/Products/Toys
      Consumer Discretionary

    $HAS
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • SEC Form SC 13G/A filed by Hasbro Inc. (Amendment)

      SC 13G/A - HASBRO, INC. (0000046080) (Subject)

      2/13/24 5:06:13 PM ET
      $HAS
      Recreational Games/Products/Toys
      Consumer Discretionary
    • SEC Form SC 13G/A filed by Hasbro Inc. (Amendment)

      SC 13G/A - HASBRO, INC. (0000046080) (Subject)

      2/9/24 5:49:06 PM ET
      $HAS
      Recreational Games/Products/Toys
      Consumer Discretionary
    • SEC Form SC 13G/A filed by Hasbro Inc. (Amendment)

      SC 13G/A - HASBRO, INC. (0000046080) (Subject)

      2/6/24 12:19:19 PM ET
      $HAS
      Recreational Games/Products/Toys
      Consumer Discretionary

    $HAS
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • SEC Form 4 filed by Director Gersh Lisa

      4 - HASBRO, INC. (0000046080) (Issuer)

      7/2/25 11:54:47 AM ET
      $HAS
      Recreational Games/Products/Toys
      Consumer Discretionary
    • SEC Form 4 filed by Chair of the Board Stoddart Richard S

      4 - HASBRO, INC. (0000046080) (Issuer)

      7/2/25 11:54:10 AM ET
      $HAS
      Recreational Games/Products/Toys
      Consumer Discretionary
    • New insider Bunge Jason M claimed ownership of 37,385 shares (SEC Form 3)

      3 - HASBRO, INC. (0000046080) (Issuer)

      6/2/25 4:33:36 PM ET
      $HAS
      Recreational Games/Products/Toys
      Consumer Discretionary

    $HAS
    SEC Filings

    See more
    • Amendment: SEC Form 11-K/A filed by Hasbro Inc.

      11-K/A - HASBRO, INC. (0000046080) (Filer)

      6/30/25 3:37:33 PM ET
      $HAS
      Recreational Games/Products/Toys
      Consumer Discretionary
    • SEC Form 11-K filed by Hasbro Inc.

      11-K - HASBRO, INC. (0000046080) (Filer)

      6/25/25 3:32:58 PM ET
      $HAS
      Recreational Games/Products/Toys
      Consumer Discretionary
    • SEC Form SD filed by Hasbro Inc.

      SD - HASBRO, INC. (0000046080) (Filer)

      5/29/25 4:12:36 PM ET
      $HAS
      Recreational Games/Products/Toys
      Consumer Discretionary

    $HAS
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Hasbro upgraded by Goldman with a new price target

      Goldman upgraded Hasbro from Neutral to Buy and set a new price target of $85.00

      7/1/25 8:10:32 AM ET
      $HAS
      Recreational Games/Products/Toys
      Consumer Discretionary
    • DA Davidson resumed coverage on Hasbro with a new price target

      DA Davidson resumed coverage of Hasbro with a rating of Neutral and set a new price target of $75.00

      5/15/25 8:11:58 AM ET
      $HAS
      Recreational Games/Products/Toys
      Consumer Discretionary
    • Hasbro upgraded by Citigroup with a new price target

      Citigroup upgraded Hasbro from Neutral to Buy and set a new price target of $72.00

      4/25/25 8:23:39 AM ET
      $HAS
      Recreational Games/Products/Toys
      Consumer Discretionary

    $HAS
    Financials

    Live finance-specific insights

    See more
    • Hasbro to Announce Second Quarter 2025 Earnings on July 23, 2025

      Hasbro, Inc. (NASDAQ:HAS) announced today that the company's second quarter financial results will be released before the market open on Wednesday, July 23, 2025. Hasbro will webcast its second quarter 2025 earnings conference call at 8:30 a.m. Eastern Time. Certain financial and statistical information included in the webcast, such as information required by Regulation G, will be available at the time of the webcast on Hasbro's Investor Relations website at https://investor.hasbro.com. The webcast and the accompanying presentation slides will be available to investors and the media on Hasbro's Investor Relations home page at https://investor.hasbro.com. A replay of the call will be hos

      7/2/25 4:11:00 PM ET
      $HAS
      Recreational Games/Products/Toys
      Consumer Discretionary
    • Hasbro Reports First Quarter 2025 Financial Results

      Company Reports Revenue, Operating Profit and Net Earnings Growth Declares Quarterly Dividend Hasbro, Inc. (NASDAQ:HAS), a leading games, IP, and toy company, today reported financial results for the first quarter 2025. "Hasbro's Playing to Win strategy is delivering in a challenging environment. We're outperforming today and building for tomorrow through disciplined execution, standout partnerships like our extended Disney agreement, and future-focused bets that are already paying off," said Chris Cocks, Hasbro Chief Executive Officer. "We delivered strong revenue growth and a meaningful profit lift in Q1, driven by a strategic shift toward higher-margin businesses. As we progress towar

      4/24/25 6:30:00 AM ET
      $HAS
      Recreational Games/Products/Toys
      Consumer Discretionary
    • Hasbro to Announce First Quarter 2025 Earnings on April 24, 2025

      Hasbro, Inc. (NASDAQ:HAS) announced today that the company's first quarter financial results will be released before the market open on Thursday, April 24, 2025. Hasbro will webcast its first quarter 2025 earnings conference call at 8:30 a.m. Eastern Time. Certain financial and statistical information included in the webcast, such as information required by Regulation G, will be available at the time of the webcast on Hasbro's Investor Relations website at https://investor.hasbro.com. The webcast and the accompanying presentation slides will be available to investors and the media on Hasbro's Investor Relations home page at https://investor.hasbro.com. A replay of the call will be hosted

      4/3/25 4:06:00 PM ET
      $HAS
      Recreational Games/Products/Toys
      Consumer Discretionary