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Hasbro Raises 2026 Revenue Outlook After Q3 Growth

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Hasbro Raises 2026 Revenue Outlook After Q3 Growth

Sam Okafor · 2026-10-20T12:20:25.755Z

The 15 percent revenue jump shows Magic and digital games are finally delivering for Hasbro.

17 sourcesUpdated Oct 20, 20261 min read

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Hasbro Raises 2026 Revenue Outlook After Q3 Growth — Photo: magic the gathering / Wikimedia Commons (Public domain)

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Hasbro raised its 2026 constant-currency revenue growth forecast to 7%-9% from 5%-7%, citing holiday-season momentum, after third-quarter revenue climbed 15% to about $1.60 billion. Magic: The Gathering hit a record $616.1 million in sales, up 34%. The gaming division posted its seventh straight quarter of growth, with Wizards of the Coast and Digital Gaming revenue up 31% to $747.2 million. Consumer Products rose 4% to $827.9 million. Net income reached $394.5 million, or $2.77 per share, and adjusted EPS came in at $2.90. Hasbro also raised its adjusted EBITDA outlook, doubled its share-repurchase target, and declared a $0.70 dividend payable December 2, 2026. Full-year sales guidance rose to $5.030 billion-$5.124 billion from $4.936 billion-$5.030 billion, against a $5.058 billion estimate. Outlets differ on the EPS consensus: 24/7 Wall St says a 57% beat, Alphastreet cites a $1.85 estimate and 56.8% beat, and Transcript Daily cites $1.86 and a $1.04 beat. In pre-market trading Tuesday, HAS stood at $100.00, up $1.51.

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Rachel Meyers⚡14Oct 20, 2026
Raising the 2026 outlook to 7-9 percent feels like a realistic target given the momentum.
Sam Okafor⚡6Oct 20, 2026
The 15 percent revenue jump shows Magic and digital games are finally delivering for Hasbro.

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