Hasbro updates medium and long-term outlook

Given the full-year 2022 results and its progress on implementing Blueprint 2.0, Hasbro updated its medium and long-term outlook with the following financial targets: Mid-single digit revenue CAGR through 2027; High-single digit operating profit CAGR to achieve 20% adjusted operating profit margin by full-year 2027; Operating cash flow improvement with a target of $1 billion annually by full-year 2025; $250-$300 million annualized run-rate cost savings by year-end 2025.