Hasbro Raises 2026 Outlook After Q2 Beat, Stock Jumps 14% on Magic: The Gathering Strength

HAS8.78%
Hasbro reported second-quarter revenue and profits that exceeded analyst expectations, lifting its full-year guidance. The toy maker's Magic: The Gathering card game business drove strong performance, sending shares up 14%. The company also announced it is canceling multiple video game projects as part of a broader digital strategy shift.
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