Reported about 11 hours ago
Hasbro has raised its annual revenue and profit forecasts, citing strong demand for its digital games like 'Magic: The Gathering' amidst tariff uncertainties affecting the holiday season. The company's revenue for the third quarter rose 8% to $1.39 billion, surpassing expectations, with a significant boost in its digital gaming segment. In response to potential tariff impacts, Hasbro has implemented cost-saving measures and aims to reduce reliance on Chinese imports by 2027.
Source: YAHOO