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Hasbro Raises Full-Year Revenue Growth Guidance to 5-7 Percent
Hasbro reported second-quarter results and lifted its full-year revenue growth target. Wizards of the Coast revenue rose 27 percent to 664 million dollars on Magic: The Gathering strength. The company also increased its 2026 share buyback target.
Jul 21, 5:54 PM·1m read1 source
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Hasbro reported second-quarter results and raised its full-year revenue growth guidance to 5-7 percent, @SeekingAlpha reported. Wizards of the Coast posted 664 million dollars in revenue for the quarter, up 27 percent from a year earlier. Magic: The Gathering drove the increase in that segment.
The company raised its 2026 share buyback target to at least 200 million dollars. Near-term write-downs in the digital portfolio kept the Seeking Alpha Quant rating at HOLD despite strength in core gaming areas.
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