Hasbro Raises Annual Revenue Forecast on Strong Demand for Digital Games
Hasbro expects 7% to 9% revenue growth as Wizards of the Coast sales rose 31% and quarterly revenue beat estimates.
- On Tuesday, toy and game company Hasbro raised its fiscal 2026 revenue forecast, betting on strong demand for digital games including "Magic: The Gathering" ahead of the holiday season.
- Hasbro now expects fiscal 2026 revenue growth of 7% to 9% in constant currency, up from its prior forecast of 5% to 7% growth.
- Quarterly revenue reached $1.60 billion, surpassing the $1.48 billion analyst average, while adjusted operating profit rose 52% to $541 million including about $55 million in tariff refunds.
- Hasbro declared a quarterly cash dividend of $0.70 per common share, payable December 2, 2026, to shareholders of record on November 18, 2026.
- The company's stock rose 1.53% to $100.00 in pre-market trading, reflecting investor confidence in Hasbro's strategic investments in product innovation and established partnerships.
12 Articles
12 Articles
berlingske.dk
Hasbro has seen sales of "Magic: The Gathering" increase by 34 percent and exceed 4 billion in the third quarter.
Hasbro has again raised its projections for the year, after registering an increase in profit and revenue in the most recent quarter, on the eve of the year-end shopping season, crucial for the toy sector. Exclusive material for subscribers. To have full access, access the link of the subject and register.
Hasbro raises annual revenue forecast on strong demand for digital games
Hasbro Raises 2026 Revenue Outlook After Q3 Growth
Hasbro reported third-quarter revenue up 15% to about $1.6 billion, with earnings rising to $394.5 million, driven by strong demand for Magic: The Gathering and digital games. The company raised its 2026 revenue-growth outlook to 7%–9% from 5%–7% and increased its share-repurchase target. · 17 sources across the spectrum on IJR News.
Coverage Details
Bias Distribution
- 60% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
