Hasbro raises annual revenue forecast on strong demand for digital games
HAS•Hasbro raised its fiscal 2026 revenue growth forecast to 7% to 9% on a constant-currency basis, from 5% to 7%. Third-quarter revenue was $1.60 billion, above analysts’ $1.48 billion estimate.
1. Higher annual forecast
Hasbro said it expects fiscal 2026 revenue to grow 7% to 9% on a constant-currency basis, up from its previous forecast of 5% to 7%, citing demand for digital games including Magic: The Gathering.
2. Quarterly results
Revenue in its Wizards of the Coast and Digital Gaming segment rose 31% in the third quarter, while consumer products revenue increased 4% from a year earlier. Quarterly revenue was $1.60 billion, compared with analysts’ average estimate of $1.48 billion. Adjusted operating profit rose 52% to $541 million, including about $55 million in tariff refunds.
