Hasbro Reports Cyberattack Impact on Second-Quarter Revenue
Hasbro announced that a March cyberattack caused delays in order processing, shipping, and invoicing, which is expected to impact its second-quarter revenue and operating profit. The company is working to restore systems and expects to recover most of the delays in the second half of the year. First-quarter revenue and operating profit are still expected to rise despite the cyberattack.
Tickers: $HAS
Topics: cyberattack financial update operational delays revenue impact SEC filing