Hasbro posts Q3 2026 earnings beat, record Magic revenue and raises full‑year outlook
+1 new source since this summary was written
Hasbro reported third‑quarter 2026 revenue of $1.595 billion, up 15% year‑over‑year, and adjusted earnings per share of $2.90, beating forecasts. Magic: The Gathering generated a record $616 million in revenue, driving a 31% segment increase. The company lifted its full‑year 2026 revenue growth forecast to 7‑9% (constant‑currency) and doubled its share‑repurchase target for the year.
Why it matters
The earnings beat and higher outlook prompted the stock to rise sharply, and the expanded share‑repurchase program signals returning cash to shareholders. The raised revenue guidance sets expectations for continued top‑line growth through 2026.
Key facts
- 1Q3 2026 revenue was $1.595 billion, up 15% YoY. tradingview.com
- 2Adjusted EPS for the quarter was $2.90. tradingview.com
- 3Magic: The Gathering revenue reached $616 million, a 34% YoY increase. investing.com
- 4Full‑year 2026 constant‑currency revenue growth outlook was increased to 7‑9%, from 5‑7% previously. rte.ie
- 5The company announced a doubled share‑repurchase target for 2026. stocktitan.net
- 6Dividend of $0.70 per share was declared. rttnews.com
Open questions
- Material 16 says the buyback target was doubled to $200 million, while material 18 says it was doubled to $400 million.
Summary written by AlphAI AI Desk from 18 of 18 sources. Not investment advice. Figures are as stated by the linked sources.