Hasbro, Inc. (HAS) CEO Brian Goldner on Q1 2019 Results - Earnings Call Transcript

Apr. 23, 2019 12:53 PM ETHasbro, Inc. (HAS) StockHAS
SA Transcripts
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Q1: 2019-04-23 Earnings Summary

EPS of $0.21 beats by $0.32
 | Revenue of $732.51M (2.26% Y/Y) beats by $66.55M

Hasbro, Inc. (NASDAQ:HAS) Q1 2019 Earnings Conference Call April 23, 2019 8:00 AM ET

Company Participants

Debbie Hancock - SVP, IR
Brian Goldner - Chairman & CEO
Deborah Thomas - EVP & CFO

Conference Call Participants

Stephanie Wissink - Jefferies
Arpine Kocharian - UBS Investment Bank
Andrew Crum - Stifel, Nicolaus & Company
Felicia Hendrix - Barclays Bank
Michael Ng - Goldman Sachs Group
Timothy Conder - Wells Fargo Securities
Eric Handler - MKM Partners
Raymond Stochel - Consumer Edge Research
Linda Bolton-Weiser - D.A. Davidson & Co.
Gerrick Johnson - BMO Capital Markets

Operator

Good morning, and welcome to the Hasbro First Quarter 2019 Conference Call. [Operator Instructions]. Today's conference is being recorded. If you have any objections, you may disconnect at this time.

At this time, I'd like to turn the call over to Ms. Debbie Hancock, Senior Vice President of Investor Relations. Please go ahead.

Debbie Hancock

Thank you, and good morning, everyone. Joining me this morning are Brian Goldner, Hasbro's Chairman and Chief Executive Officer; and Deb Thomas, Hasbro's Chief Financial Officer.

Today, we will begin with Brian and Deb providing commentary on the company's performance, and then we will take your questions. Our earnings release and presentation slides for today's call are posted on our investor website.

The press release and presentation include information regarding non-GAAP adjustments and non-GAAP financial measures. Our call today will discuss certain adjusted measures, which exclude these non-GAAP adjustments. A reconciliation of GAAP to non-GAAP measures is included in the press release and presentation. Please note that whenever we discuss earnings per share or EPS, we are referring to earnings per diluted share.

During the first quarter, we realigned our segments and began reporting the digital gaming revenue associated with our Wizards of the Coast brand, including Magic: The Gathering Arena and several

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