Hasbro raises 2026 outlook after 16% growth

Grafa
07-22 16:32

Full story: https://grafa.com/en/news/united-states/hasbro-q2-2026-revenue-growth-outlook

  • Hasbro reported Q2 revenue of $1.14 billion, up 16%, as Wizards and Digital Gaming revenue increased 27%.

  • Hasbro shares were little changed at $81.59 in premarket trading after the results.

  • The company raised its 2026 revenue-growth forecast to 5%–7% and adjusted EBITDA guidance to $1.45–$1.50 billion.

Hasbro (NASDAQ:HAS) reported Q2 revenue of $1.14 billion, up 16%, and raised its 2026 revenue-growth outlook to 5%–7%.

Revenue exceeded the $1.07 billion analyst estimate, while adjusted EPS of $1.28 topped the $1.14 forecast but fell from $1.30 last year.

Results included a $56 million digital-games impairment, $11 million in cybersecurity expenses and an estimated $25 million revenue impact from the network incident.

Following the announcement, Hasbro's share price was unchanged at $81.59 in premarket trading.

Wizards and Digital Gaming revenue rose 27%, led by 32% Magic: The Gathering growth, while Monopoly Go! contributed $44 million.

Consumer Products revenue increased 5%, Entertainment revenue fell 20%, and Hasbro returned $133 million to shareholders while reducing debt by $55 million.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment