Hasbro Q3 EPS $2.77 as Magic: The Gathering Tops $600M, Outlook Raised
HAS sits 44% above its 52-week low of $69.5 on elevated volume (2.1× avg).
Summary
Hasbro reported Q3 EPS of $2.77 with sales of $1.45B and net income of $394.5M, and Magic: The Gathering crossed $600M in a quarter for the first time. The company raised its 2026 outlook and doubled its buyback target, extending the momentum from Q2, when revenue rose 16% to $1.14B and guidance was already lifted. That is a second consecutive quarter of double-digit growth and a second guidance raise, with the buyback increase adding a direct floor under the share count. The print lands alongside the 8-K filed this morning; the EPS figure is the first hard number out on the quarter.
At the time of this announcement, HAS was trading at $99.95 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $13.9B. The 52-week trading range was $69.50 to $106.98. This news item was assessed with positive market sentiment and an importance score of 9 out of 10. Source: Dow Jones Newswires.