What were Hasbro's Q2 2026 results?

Hasbro reported revenue of $1.2 billion and EPS of $1.85, beating Wall Street expectations.

Why did Hasbro raise its annual guidance?

Due to record performance from Wizards of the Coast and its Magic: The Gathering franchise, leading the company to improve its outlook.

Which segment drove Hasbro's growth?

The Wizards of the Coast segment, particularly collectible card games like Magic: The Gathering, was the main growth driver.

Hasbro Raises 2026 Outlook After Q2 Earnings Beat on Magic: The Gathering Strength

Hasbro reported better-than-expected Q2 2026 results, driven by record performance from Wizards of the Coast (Magic: The Gathering). The company raised its full-year guidance, and shares rose in after-hours trading.

Hasbro Inc. (NASDAQ:HAS) reported second-quarter 2026 results that beat Wall Street expectations on Tuesday, driven by exceptional performance from its Wizards of the Coast business, the publisher of Magic: The Gathering. As a result, the company raised its full-year guidance.

Key Financial Results

Metric	Q2 2026	vs. Expectations
Revenue	$1.2 billion	Beat
EPS	$1.85	Beat

The company did not provide year-over-year comparisons in the press release.

Highlights from the Statement

Hasbro's CEO said: "We delivered an exceptional quarter driven by the strength of Wizards of the Coast, with Magic: The Gathering achieving record performance." He added that demand for collectible card games remains robust.

Future Guidance

Hasbro raised its financial guidance for fiscal 2026, expecting higher revenue and improved profitability, without providing specific figures.

Stock Impact

Hasbro shares (HAS) rose in after-hours trading following the earnings announcement.

What This Means for Investors

The results underscore the strength of Hasbro's trading card and interactive entertainment segment, which could boost confidence in the company's strategy. However, investors should monitor the performance of the traditional toy segment, which may be less dynamic.