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Hasbro Hasbro Reports Growth in Second Quarter 2021 Revenue , Operating Profit , EBITDA and Earnings Per Share July 26 , 2021 • Second quarter 2021 revenues up 54 % to $ 1.32 billion o Consumer Products segment revenue up 33 % o Wizards of the Coast and Digital Gaming segment revenue more than doubled o Entertainment segment revenue up 47 % • Operating profit increased to $ 76.6 million or 5.8 % of revenues • Adjusted operating profit more than quadrupled to $ 211.6 million , or 16.0 % of revenues , an expansion of 1060 basis points year - over - year • Net loss of $ 22.9 million or $ 0.17 per diluted share , driven by the loss on assets held for sale related to the eOne Music business • Adjusted net earnings of $ 145.4 million , or $ 1.05 per diluted share • Strong cash position with quarter ending cash of $ 1.23 billion ; six - month operating cash flow of $ 577.1 million ; repaid $ 250 million of debt in the second quarter and funded the quarterly dividend PAWTUCKET , R.I .-- ( BUSINESS WIRE ) -- Jul . 26 , 2021-- Hasbro , Inc. ( NASDAQ : HAS ) , a global play and entertainment company , today reported financial results for the second quarter 2021 . " Hasbro delivered an excellent second quarter , with revenues up 54 % versus the second quarter of last year and 9 % versus pro forma second quarter 2019 , " said Brian Goldner , Hasbro's chairman and chief executive officer . " Wizards continued to generate outstanding results behind a compelling analog and digital release schedule for MAGIC : THE GATHERING . Consumer products revenue increased as demand remains robust for Hasbro toys and games and entertainment revenue grew as we are producing entertainment with strong deliveries . The Hasbro team is performing at a high level and Supercharging our Brand Blueprint to drive demand for our brands and content slate as we track to our target of double - digit revenue growth for the full - year and position us for profitable growth not just this year but also in future years . " " Strength across Hasbro's brands and business backed by strong execution from the entire team drove superb results for our second quarter , " said Deborah Thomas , Hasbro's chief financial officer . " As we invest to unlock value from our brands across the blueprint , we are on track to reach our objectives for the year while expanding the reach of our business , reducing debt and paying our dividend . The discipline in our business is evident from the $ 1.2 billion in cash we had on hand at quarter end , reporting the lowest days sales outstanding in our recent history , and repaying $ 250 million in debt . " Second Quarter 2021 Financial Results $ Millions , except earnings per share Net Revenues¹ Operating Profit Adjusted Operating Profit² Net Loss Net Loss per Diluted Share Adjusted Net Earnings² Adjusted Net Earnings per Diluted Share² $ $ $ $ $ $ $ Q2 2021 1,322.2 $ 76.6 $ 211.6 $ ( 22.9 ) $ ( 0.17 ) $ 145.4 $ 1.05 $ Q2 2020 860.3 2.2 46.6 ( 33.9 ) ( 0.25 ) 2.7 0.02 % Change 54 % > 100 % > 100 % 32 % 32 % > 100 % > 100 %