Hasbro lifts 2026 revenue outlook on booming digital games and toy sales
Hasbro increased its fiscal 2026 revenue forecast, citing strong demand for digital titles like Magic: The Gathering and rising sales of Marvel, K-Pop Demon Hunters and Transformers toys.
Hasbro raised its full-year revenue guidance, now expecting a 7%-9% increase on a constant-currency basis for fiscal 2026, compared with the earlier 5%-7% projection. The revision follows a 31% year-over-year rise in the Wizards of the Coast and Digital Gaming segment, propelled by titles such as Magic: The Gathering. Its traditional toys segment also grew, with sales of Marvel, K-Pop Demon Hunters and Transformers collectibles contributing to a 4% increase.
The company reported third-quarter revenue of $1.60 billion, surpassing the $1.48 billion consensus among analysts compiled by LSEG. Executives highlighted the upcoming holiday period as a key factor in sustaining the momentum across both digital and physical product lines.
Why it matters
The upgraded outlook signals stronger consumer spending on gaming and licensed toys, influencing market expectations for the holiday season.
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