Earnings (Loss) Per Common Share

9 Months Ended

Sep. 28, 2025

Net earnings (loss) per share data were computed as follows:


	Three Months Ended				Nine Months Ended
	September 28, 2025		September 29, 2024		September 28, 2025		September 29, 2024
Net earnings (loss) attributable to Hasbro, Inc.	$	233.2	$	223.2	$	(524.0)	$	419.9

Average shares outstanding	140.4		139.5		140.1		139.3
Effect of dilutive securities:
Options and other share-based awards	1.8		1.0		—		0.7
Equivalent Shares	142.2		140.5		140.1		140.0

Net earnings (loss) attributable to Hasbro, Inc. per common share
Basic	$	1.66	$	1.60	$	(3.74)	$	3.01
Diluted	$	1.64	$	1.59	$	(3.74)	$	3.00

For the three and nine months ended September 28, 2025, options and other share-based awards totaling 0.5 million and 3.6 million, respectively, were excluded from the calculation of diluted earnings per share because to include them would have been anti-dilutive. For the three and nine months ended September 29, 2024 options and other share-based awards totaling 1.1 million and 1.9 million, respectively, were excluded from the calculation of diluted earnings per share because to include them would have been anti-dilutive. With respect to the nine months ended September 28, 2025, 2.9 million awards would have been included in the calculation of diluted shares had the Company not reported a net loss. Assuming that these options and other share-based awards were included, under the treasury stock method, this would have resulted in an additional 1.3 million shares being included in the diluted earnings per share calculation for the nine months ended September 28, 2025.