Hasbro raises 2026 outlook after 16% growth

• 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.