Hasbro, Inc. (HAS) Earnings Call Transcripts

Hasbro, Inc.'s Latest Earnings Call - Q3 FY2026

In the third quarter of fiscal year 2026, Hasbro, Inc. reported a robust performance with net revenue of $1.6 billion, reflecting a 15% year-over-year increase, and adjusted earnings per diluted share (EPS) of $2.90, up 73%. The company raised its full-year guidance, now expecting consolidated revenue growth of 7% to 9% and adjusted EBITDA between $1.575 billion and $1.625 billion. The strong results were driven by significant growth in the Wizards of the Coast segment, particularly from Magic: The Gathering, which saw a 34% revenue increase, and a solid performance in Consumer Products, which grew 4%.

Reported metrics

Guidance from management

Hasbro raised its full-year revenue growth guidance to 7% to 9% and adjusted EBITDA expectations to be in the range of $1.575 billion to $1.625 billion. The company expects Wizards to grow revenue between 16% to 18% with operating margins of approximately 44% to 45%.

What management said

Can I add more fun fact? I thought you'd say this fun fact. But Chris mentioned backlist through these first few weeks here in fourth quarter, our backlist contribution in 2026 year-to-date through these first couple of weeks fourth quarter has already surpassed what we saw in 2025. So to the point of like all of the engines are continuing to hum. We've got momentum across our front lines. We've got momentum across t...

And maybe one other point of fact -- when you look at our backlist sales -- sorry, for this last quarter, to Chris' point of like the people coming in, playing the game and sticking our largest sets that sold for backlist in terms of distribution with foundation, Final Fantasy and believe it or not, Lord of the Rings. And that was our -- Lord of the Rings for those newer to the story. That was our very first Universe...

What analysts pressed on

Analysts expressed concerns regarding the potential impact of macroeconomic factors on consumer sentiment and spending. There was also a focus on the timing of product releases and its effect on revenue recognition, particularly for the Wizards segment in Q4.

Main topics on the call

• Wizards of the Coast Growth — Wizards of the Coast segment revenue grew 31% to $747 million, with Magic: The Gathering revenue reaching $616 million, up 34%. Management highlighted that 'Magic revenue topped $600 million for the first time,' indicati...
• Consumer Products Performance — Consumer Products revenue grew 4% to $828 million, in line with expectations. Management noted that 'Marvel product was the standout, with revenues up more than 35%,' driven by theatrical releases.
• Margin Expansion — Adjusted operating profit increased by 52% to $541 million, with an adjusted operating margin of 33.9%, up 830 basis points. Management attributed this improvement to 'cost productivity and the benefit of tariff refunds....
• Increased Guidance — Hasbro raised its full-year revenue growth guidance to 7% to 9% and adjusted EBITDA expectations to between $1.575 billion and $1.625 billion. Management expressed confidence in this outlook, stating, 'the quarter gives ...

Read the full Hasbro, Inc. transcript (Q3 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 92 Hasbro, Inc. earnings call transcripts on record, spanning January 16, 2020 to October 20, 2026. Based on this history, Hasbro, Inc. reports quarterly. The most recent call on file is dated October 20, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

HAS

Exchange

NasdaqGS

Country

US

Sector

Consumer Discretionary

Industry

Leisure Products

Calls on record

92

First call

January 16, 2020

Most recent

October 20, 2026

Reporting cadence

quarterly