Adjusted operating profit grew 52% year-over-year to $541M, while Consumer Products revenue increased 4% to $827.9M and Entertainment grew 9% to $20.2M. Hasbro returned $206M to shareholders through dividends and share buybacks and applied $79M toward debt reduction. For the remainder of the year, the company guides for constant-currency revenue growth of 7% to 9% and an adjusted operating margin between 27% and 28%.
Tuesday, October 20, 2026
Story
Hasbro Raises 2026 Outlook on First $600M Magic Revenue Quarter
Earnings13 hours ago
The company's third-quarter net revenue hit $1.60B, surpassing analyst expectations of $1.47B, and reported adjusted earnings per share of $2.90 against a $1.88 estimate. Growth was led by the Wizards and Digital Gaming segment, which rose 31% to $747.2M, with Magic: The Gathering contributing $616.1M. This represents the first time that specific brand has topped $600M in a single quarter. Following these results, Hasbro raised its full-year 2026 adjusted EBITDA forecast to between $1.58B and $1.63B, up from the previous range of $1.45B to $1.5B.
Looking for more context or analysis?
Tilt chat provides reliable, tailored insights, alerts, and automations.