Hasbro: Magic record and higher forecast ignite the stock rocket!
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Q3 results significantly exceed expectations – stock jumps 11% on high volume to a 52-week high Magic: The Gathering surpasses $600 million in quarterly revenue for the first time, buyback target doubles to $400 million Full pipeline for 2027 supports momentum, one-time effects in the quarter moderate profit jump Hasbro today sees itself as a games and IP house. The portfolio includes Magic: The Gathering and Dungeons & Dragons from its subsidiary Wizards of the Coast, classics like Monopoly, Nerf, and Transformers, as well as licensed...
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