Hasbro Q3 2026: revenue up 15.0%, EPS $2.77, outlook raised
Hasbro's third quarter beat on every line that matters: revenue rose 15.0% to $1.60 billion, GAAP EPS of $2.77 came in well above the $1.88 consensus, and management raised full-year guidance while doubling the buyback target. Read the beat with one hand on the tariff refunds — roughly $55 million of profit was a one-off. Strip that out and the operating improvement is still real, just smaller.
1 · Expected vs. Actual
Free preview belowGAAP EPS of $2.77 compared with a $1.88 consensus estimate, and adjusted EPS of $2.90 was 54.6% above that bar. Net income of $394.5 million rose 69.2% year over year on an operating margin of 32.4%. The caveat is composition: about $55 million of tariff refunds sat in the quarter and $48 million of that landed in Consumer Products, whose reported operating profit was $173.8 million.
Revenue of $1.60 billion rose 15.0% from $1.39 billion a year earlier, the fourth straight quarter of double-digit growth. Wizards and Digital Gaming did the heavy lifting at $747.2 million, up 31.0%, with Magic: The Gathering alone at $616.1 million. Consumer Products grew 4.0% to $827.9 million and Entertainment added 9.0% on a small $20.2 million base.
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Figures on this page come from the company's original SEC filings. The analysis is generated automatically and checked against validation rules, but may still contain errors or omissions. Not investment advice. · Generated 2026-11-03
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