US EditionHasbro Q2 Earnings - Hasbro (NASDAQ:HAS)
GLOBAL, JUL 23 – Final Fantasy expansion became Magic: The Gathering's fastest-selling set, driving 23% revenue growth and helping Wizards of the Coast segment rise 16% in Q2 2025, Hasbro said.
- Hasbro reported strong second-quarter 2025 results with $980.8 million in revenue and adjusted earnings of $1.30 per share, beating expectations.
- The strong performance was led by a 16% increase in revenue from Hasbro’s Wizards of the Coast division and digital gaming efforts, highlighted by Magic: The Gathering’s impressive 23% growth, even as the consumer products segment declined 16%.
- Hasbro increased production for the Final Fantasy tabletop card game launched in June and achieved $98 million in gross savings in the second quarter from supply chain and expense management.
- CEO Chris Cocks emphasized the ongoing strength and future potential of Magic, while CFO Gina Goetter highlighted that tariff-related costs of $60 million are anticipated for 2025, although recent trade policy changes have somewhat relieved this burden.
- Hasbro increased its full-year forecast to expect mid-single-digit growth in revenue and projects its adjusted operating margin to reach between 22% and 23%, signaling confidence in its turnaround efforts and plans to diversify production.
22 Articles
22 Articles
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Magic: The Gathering's Final Fantasy Set Earned $200 Million In A Single Day
We already knew that the Final Fantasy Universes Beyond expansion was the fastest-selling set in Magic: The Gathering’s history, but an absurd new stat puts what that actually means in perspective. Hasbro’s CEO recently revealed the massive crossover sporting Cloud, Sephiroth and other Square Enix icons earned $200…Read more...
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