Hasbro Reports Second Quarter 2026 Financial Results

Hasbro, Inc. announced its financial results for the second quarter of 2026, reporting a 16% increase in revenue compared to the previous year, driven primarily by strong performance in the Wizards of the Coast and Digital Gaming segment (+27%) and growth in Consumer Products (+5%). The Entertainment segment experienced a decline of 20%. The company posted an operating profit of $253 million and an adjusted operating profit of $282 million. Key highlights include record revenue for Magic: The Gathering, which surpassed $500 million for the first time, and a $56 million impairment charge related to the refocused Digital Games portfolio. Hasbro also announced an increase in its full-year financial outlook, now expecting total revenue to grow by 5-7% in constant currency and adjusted operating margin to be between 25-26%. The company returned $133 million to shareholders through dividends and share repurchases and deployed $55 million towards debt reduction during the quarter. The report also details impacts from a previously disclosed unauthorized network access incident, which incurred incremental expenses and revenue disruptions.