Hasbro, Inc. delivered strong Q2 results, driven by MAGIC franchise growth and a resilient consumer products segment. Wizards & Digital revenue surged 27%, with MAGIC: The Gathering remaining a secular growth engine and supporting upgraded full-year guidance. Improved balance sheet, robust free cash flow, and leverage below 2x enable accelerated buybacks and secure a 3.4% dividend yield.
Hasbro Inc (NASDAQ:HAS) raised its full-year revenue and profit forecasts on Tuesday after second-quarter results topped Wall Street estimates, powered by a record quarter for its Magic: The Gathering trading card franchise. The toymaker posted adjusted earnings of $1.28 per share, beating analyst estimates of $1.13, while revenue climbed 16% year-over-year to $1.14 billion, ahead of the $1.06 billion expected by analysts.
Although the revenue and EPS for Hasbro (HAS) give a sense of how its business performed in the quarter ended June 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Hasbro NASDAQ: HAS reported a stronger-than-expected second quarter of 2026 and raised its full-year outlook, citing continued momentum in Magic: The Gathering, growth in consumer products and progress recovering from a cyber incident that affected operations earlier in the year.
Hasbro (HAS) came out with quarterly earnings of $1.28 per share, beating the Zacks Consensus Estimate of $1.17 per share. This compares to earnings of $1.3 per share a year ago.
Hasbro raised its full-year outlook after swinging to a profit and logging higher revenue in the second quarter, driven by continued strength in its Wizards of the Coast and digital-gaming segment.
Hasbro raised its annual revenue and profit forecasts on Tuesday, betting on resilient demand for its digital gaming business and continued strength in "Magic: The Gathering" despite an uncertain consumer spending environment.
Hasbro, Inc. HAS is scheduled to report second-quarter 2026 results on July 21, before the opening bell. In the last reported quarter, the company's earnings surpassed the Zacks Consensus Estimate by 31.3%.
Looking beyond Wall Street's top-and-bottom-line estimate forecasts for Hasbro (HAS), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended June 2026.
Hasbro (HAS) closed the most recent trading day at $78.42, moving 1.4% from the previous trading session.
The toy company is recruiting an army of influencers to introduce the squishy stuff's new Blooms line, five years after an earlier bid for adults petered out.
The heavy selling pressure might have exhausted for Hasbro (HAS) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.