Hasbro (HAS) is up about 3% in the latest session as investors react to the company’s April 23, 2026 release of preliminary first-quarter results showing faster growth and a sharper profit rebound than last year. Hasbro said it expects Q1 revenue of roughly $970 million to $985 million (up 9%–11% year over year) and operating profit of roughly $235 million to $245 million (up 38%–44%), signaling improving operating leverage as the business pivots toward higher-margin games and IP-driven earnings. (investor.hasbro.com)

In the same update, Hasbro reiterated its full-year 2026 outlook: total revenue growth of 3%–5% on a constant-currency basis, adjusted operating margin of 24%–25%, and adjusted EBITDA of $1.40 billion to $1.45 billion. The company tied the quarter’s momentum to continued strength in MAGIC: THE GATHERING, reinforcing the market narrative that Wizards-related performance is anchoring results. (investor.hasbro.com)

Hasbro also addressed the previously disclosed unauthorized network access, saying it believes the incident has been contained and that it is making progress restoring systems; importantly, it said the event did not impact Q1 financial results. However, Hasbro flagged that containment actions and system restoration have slowed its ability to compile and release full Q1 financial statements and file the Q1 10-Q, and it warned of potential Q2 impacts from order processing, shipping, and invoicing delays in Consumer Products (with most delayed shipping expected to be made up in the back half of 2026). (investor.hasbro.com)

Hasbro said it plans to release full first-quarter results before the market opens on Wednesday, May 20, 2026, followed by an 8:30 a.m. ET conference call. With the stock already reacting positively to the preliminary print and reiterated guidance, the next catalyst will be whether full results confirm the profit trajectory and whether management quantifies any second-quarter costs or timing effects tied to the network incident. (investor.hasbro.com)