Reported about 8 hours ago
Hasbro's first-quarter results surpassed analysts' forecasts, primarily driven by the strength of its gaming segment and a 46% increase in revenue from digital games. The company reported a 17.1% rise in overall revenue to $887.1 million and an adjusted operating margin increase of 25.1%. Despite ongoing challenges in the toy market from tariffs and weak consumer demand, Hasbro maintains its annual forecasts.
Source: YAHOO