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BUZZ - Hasbro shares rise after raising annual sales and core profit forecasts

BUZZ - Hasbro shares rise after raising annual sales and core profit forecasts

路透社路透社2026/10/20 10:52
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- ** Shares of Hasbro HAS.O, the maker of Play-Doh, rose nearly 1% in pre-market trading to $99.45

** The company raised its annual revenue and profit forecasts, betting on resilient demand for its digital gaming, and continued strong performance from the Magic: The Gathering business

** Revenue growth at constant exchange rates for fiscal year 2026 is expected to be between 7% and 9%, up from its previous forecast of 5% to 7%

** Full-year adjusted core profit guidance was raised from the prior $1.45 billion to $1.5 billion range to $1.58 billion to $1.63 billion

** The report showed third-quarter revenue at $1.6 billion, ahead of analysts’ estimates compiled by LSEG of $1.48 billion

** Adjusted quarterly earnings per share were $2.90, also beating expectations of $1.86

** As of the end of the previous trading day, HAS shares were up about 20% year-to-date


(To assist non-English speakers, Reuters provides automated translations of its reports into several other languages. As automated translations may contain errors or lack required context, Reuters does not guarantee the accuracy of these automated translation texts and provides them solely for reader convenience. Reuters accepts no liability for any damage or loss arising from use of automated translation features.)

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