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Hasbro Reports Growth in Gaming, Raises 2025 Outlook

Hasbro Reports Growth in Gaming, Raises 2025 Outlook

Hasbro ( (HAS) ) has released its Q2 earnings. Here is a breakdown of the information Hasbro presented to its investors.

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Hasbro, Inc. is a prominent company in the games, intellectual property, and toy industry, known for creating engaging play experiences across physical and digital platforms, including popular brands like MAGIC: THE GATHERING and MONOPOLY.

In its second quarter of 2025, Hasbro reported a slight decline in revenue by 1%, but the company saw significant growth in its Wizards of the Coast and Digital Gaming segment, driven by the success of MAGIC: THE GATHERING. Despite a challenging macroeconomic environment, Hasbro has raised its full-year revenue and adjusted EBITDA guidance, reflecting confidence in its strategic direction.

Key highlights from the earnings report include a 23% increase in MAGIC: THE GATHERING revenue, attributed to the successful release of the Final Fantasy set. The company also reported an operating loss of $798 million, primarily due to a $1 billion non-cash goodwill impairment. However, adjusted net earnings improved to $1.30 per diluted share, and Hasbro returned $98 million to shareholders through dividends.

Looking ahead, Hasbro is optimistic about its growth prospects, with expectations of mid-single-digit revenue growth for the full year. The company’s focus remains on leveraging its diverse portfolio and strategic initiatives to drive sustained growth and shareholder value.

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