Ariel Skelley Investment Thesis Hasbro (NASDAQ:HAS) reported long-term growth since 2014 including headcount growth and FCF growth. Even taking into account the recent goodwill impairment, in my view, the recent decline in the stock price is not in line with the company's financial figures. I think that further turnaround efforts that started in 2023 and potential sale of brands could have a beneficial effect on future FCF growth. Besides, further increase in marketing expenses and R&D efforts that we s ...