Correspondence 0000046080-23-000086 from HASBRO, INC. (HAS)
HASBRO, INC.
Date: Aug. 31, 2023 · CIK: 0000046080 · Accession: 0000046080-23-000086
AI Filing Summary & Sentiment
Reasoning
File numbers found in text: 001-06682
Referenced dates: August 21, 2023, July 26, 2023
Letter
VIA EDGAR Division of Corporation Finance Office of Manufacturing Attention: Stephany Yang Form 10-K for the Fiscal Year Ended December 25, 2022 Form 10-Q for the Quarter Ended July 2, 2023 Response Dated July 26, 2023 File No. 001-06682
Dear Ms. Yang and Ms. Gilmore:
This letter is submitted on behalf of Hasbro, Inc. (the “Company”), in response to the comments that you have provided on behalf of the staff of the Division of Corporation Finance (the “Staff”) of the Securities and Exchange Commission (the “SEC”) in your letter dated August 21, 2023 responding to our comment response letter dated July 26, 2023.
For your convenience, we have set forth the original comment from your letter in bold and italicized typeface to which we are responding.
Form 10-Q for the Period Ended July 2, 2023
13. Segment Reporting
1.Staff Comment: We note your response to comment 2 and revised reconciliation of operating profit (loss) to earnings (loss) before income taxes in Note 13 of the Form 10-Q for the quarter ended July 2, 2023. Please revise your reconciliation to present the total of the reportable segments' operating profit (loss) excluding Corporate and Other in future filings. Refer to ASC 280-10-50-30b) and ASC 280-10-55-49.
Company Response:
We acknowledge the Staff’s comment and will revise the disclosure in future filings.
If you have any questions or desire further information regarding the Company’s responses, please contact me at (401) 727-5500.
Sincerely,
/s/ Gina Goetter
Show Raw Text
CORRESP 1 filename1.htm Document August 31, 2023 VIA EDGAR Division of Corporation Finance Office of Manufacturing U.S. Securities and Exchange Commission Washington, D.C. 20549 Attention: Stephany Yang Melissa Gilmore Re: HASBRO, INC. Form 10-K for the Fiscal Year Ended December 25, 2022 Form 10-Q for the Quarter Ended July 2, 2023 Response Dated July 26, 2023 File No. 001-06682 Dear Ms. Yang and Ms. Gilmore: This letter is submitted on behalf of Hasbro, Inc. (the “Company”), in response to the comments that you have provided on behalf of the staff of the Division of Corporation Finance (the “Staff”) of the Securities and Exchange Commission (the “SEC”) in your letter dated August 21, 2023 responding to our comment response letter dated July 26, 2023. For your convenience, we have set forth the original comment from your letter in bold and italicized typeface to which we are responding. Form 10-Q for the Period Ended July 2, 2023 13. Segment Reporting 1.Staff Comment: We note your response to comment 2 and revised reconciliation of operating profit (loss) to earnings (loss) before income taxes in Note 13 of the Form 10-Q for the quarter ended July 2, 2023. Please revise your reconciliation to present the total of the reportable segments' operating profit (loss) excluding Corporate and Other in future filings. Refer to ASC 280-10-50-30b) and ASC 280-10-55-49. Company Response: We acknowledge the Staff’s comment and will revise the disclosure in future filings. If you have any questions or desire further information regarding the Company’s responses, please contact me at (401) 727-5500. Sincerely, /s/ Gina Goetter Gina Goetter Executive Vice President and Chief Financial Officer