Current Report Filing (8-k)
April 24 2017 - 7:49AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of
earliest event reported):
April 24, 2017
Hasbro, Inc.
(Exact
name of registrant as specified in its charter)
Rhode Island
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1-6682
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05-0155090
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(State or other jurisdiction
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(Commission File Number)
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(IRS Employer
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of incorporation)
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Identification No.)
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1027 Newport Ave., Pawtucket, Rhode Island
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02861
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(Address of principal executive offices)
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(Zip Code)
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Registrant’s telephone number, including area code:
(401)
431-8697
______________________________________________
Check the appropriate box below
if the Form 8-K filing is intended to simultaneously satisfy the filing
obligation of the registrant under any of the following provisions:
☐
Written communications pursuant to Rule 425 under the
Securities Act (17 CFR 230.425)
☐
Soliciting material pursuant to Rule 14a-12 under the
Exchange Act (17 CFR 240.14a-12)
☐
Pre-commencement communications pursuant to Rule
14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement communications pursuant to Rule 13e-4(c)
under the Exchange Act (17 CFR 240.13e-4(c))
Item 2.02
Results of Operations and Financial Condition.
On April
24, 2017, Hasbro, Inc. ("Hasbro" or "we") announced our
financial results for the fiscal quarter ended April 2, 2017, and certain other
financial information. The press release, attached as Exhibit 99.1, includes a
non-GAAP financial measure as defined under SEC rules, specifically EBITDA.
EBITDA represents net earnings attributable to Hasbro, Inc. excluding net loss
attributable to noncontrolling interests, interest expense, income taxes,
depreciation and amortization. As required by SEC rules, we have provided
reconciliation on the attached schedule of this measure to the most directly
comparable GAAP measure. Management believes that EBITDA is one of the
appropriate measures for evaluating the operating performance of the Company
because it reflects the resources available for strategic opportunities
including, among others, to invest in the business, strengthen the balance
sheet, and make strategic acquisitions.
This
measure should be considered in addition to, not as a substitute for, or
superior to, net earnings or other measures of financial performance prepared
in accordance with GAAP as more fully discussed in the Company's financial
statements and filings with the SEC. As used herein, "GAAP" refers to
accounting principles generally accepted in the United States of America.
The
information furnished in Item 2.02, including the Exhibit attached
hereto, shall not be deemed "filed" for any purpose, and shall
not be deemed incorporated by reference in any filing under the Securities Act
of 1933, as amended, or the Securities Exchange Act of 1934, as amended,
regardless of any general incorporation language in any such filing.
Item 9.01
Financial
Statements and Exhibits.
(d)
Exhibits
99.1
Hasbro, Inc. Press Release, dated April 24, 2017.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
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HASBRO, INC.
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By:
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/s/ Deborah Thomas
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Name:
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Deborah Thomas
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Title:
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Executive Vice President and
Chief Financial Officer
(Duly Authorized Officer and
Principal Financial Officer)
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Date: April 24, 2017
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EXHIBIT INDEX
Exhibit No.
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Description
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99.1
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Hasbro, Inc. Press Release,
dated April 24, 2017.
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