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): January 12, 2005
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HASBRO, INC.
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(Exact name of registrant as specified in its charter)
RHODE ISLAND 1-6682 05-0155090
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(State of (Commission (IRS Employer
Incorporation) File Number) Identification No.)
1027 NEWPORT AVE., PAWTUCKET, RHODE ISLAND 02862
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(Address of Principal Executive Offices) (Zip Code)
(401) 431-8697
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(Registrant's telephone number, including area code)
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 January 12, 2005, we announced our preliminary financial
results for the fiscal year ended December 26, 2004, and
certain other information. The press release, which has been
attached as Exhibit 99, refers to a financial measure, free
cash flow, that is considered a non-GAAP financial measure as
defined under SEC rules. Generally, a non-GAAP financial
measure is a numerical measure of a company's performance,
financial position, or cash flows that either excludes or
includes amounts that are not normally excluded or included in
the most directly comparable measure calculated and presented
in accordance with generally accepted accounting principles.
Free cash flow represents cash flow from operations less
capital expenditures. Management believes that free cash flow
is one of the appropriate measures for evaluating the
performance of the Company because it provides a measure of
resources which may be available for strategic opportunities
including, among others, to invest in the business, strengthen
the balance sheet, and make strategic acquisitions. However,
the Company has other demands on its free cash flow which are
not reflected in this measure and it should not be assumed that
all free cash flow is available for strategic opportunities.
This measure should be considered in addition to, not as a
substitute for, or superior to, net earnings, cash flow from
operating activities or other measures of financial performance
prepared in accordance with generally accepted accounting
principles as more fully discussed in the Company's financial
statements and filings with the Securities and Exchange
Commission.
As used herein, "GAAP" refers to accounting principles
generally accepted in the United States.
Item 8.01. Other Events.
The January 12, 2005 Press Release of the Company attached
hereto as EXHIBIT 99 is incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
(c) Exhibits
99 Press Release, dated January 12, 2005, of Hasbro, Inc.
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.
HASBRO, INC.
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(Registrant)
Date: January 12, 2005 By: /s/ David D.R. Hargreaves
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David D. R. Hargreaves
Senior Vice President and
Chief Financial Officer
(Duly Authorized Officer and
Principal Financial Officer)
HASBRO, INC.
Current Report on Form 8-K
Dated January 12, 2005
Exhibit Index
Exhibit
No. Exhibits
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99 Press Release, dated January 12, 2005, of Hasbro, Inc.