Hasbro Q2 revenue up 16%; Magic: The Gathering tops $500M; raises FY 2026 outlook

HASBRO, INC.

Q2 revenue +16% YoY; reported EPS $1.12, adjusted EPS $1.28.
Wizards & Digital Gaming revenue +27%; Magic: The Gathering quarterly revenue exceeds $500M for first time.
Consumer Products revenue +5% despite unauthorized network access disruption; Entertainment -20%.
Operating profit $253M; adjusted $282M (+14%); includes $56M impairment on refocused digital games portfolio.
Raises full-year 2026 guidance; board authorizes $1B share repurchase program.

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