Hasbro Increases Annual Revenue Projections Due to Digital Gaming Demand

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

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