Hasbro's stock surged over 10% after CEO Chris Cocks reassured Wall Street about the enduring strength of Magic: The Gathering, the company's most profitable brand with consistent double-digit growth over 30 years. The company reported a robust Q2 revenue of $1.1 billion, up 16% year-over-year, led by a 27% sales increase in its Wizards and Digital Gaming segment, boosted by the Marvel Super Heroes release. Traditional toys also grew 5%, supported by popular brands like Peppa Pig and G.I. Joe. Despite a cyber attack delaying some revenue, Hasbro's diversified product lineup and strong fanbase position it well for continued growth, especially with upcoming holiday season launches.
Hasbro posted strong Q2 results driven by a 27% revenue jump in its Wizards & Digital segment, led by MAGIC: The Gathering. This growth helped the company raise its full-year guidance. Hasbro’s improved balance sheet and free cash flow support accele...
Hasbro Inc raised its full-year revenue and profit forecasts after reporting second-quarter earnings that beat Wall Street estimates. The strong performance was driven by a record quarter for its Magic: The Gathering franchise, which saw revenue surg...
Mattel is releasing exclusive KPop Demon Hunters merchandise at San Diego Comic-Con 2026, including a 3-pack of chibi-style figures of Rumi, Mira, and Zoey, and a Hot Wheels Porsche 911 GT3 R die-cast vehicle inspired by the film. These items will be...
