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Hasbro saw 8% revenue growth this quarter driven by record-breaking MAGIC: THE GATHERING sales. Strong gains in its Wizards and Digital Gaming segment helped offset softness in Consumer Products.
Revenue grew to $1.39B, led by MAGIC: THE GATHERING up 55%.
Adjusted EPS came in at $1.68 and GAAP EPS at $1.64.
Operating income rose to $341.1M, up from $301.9M last year.
Consumer Products revenue declined due to timing of U.S. retail orders.
Hasbro raised its full-year outlook, citing momentum from high-margin segments and continued cost transformation initiatives.