Hasbro (HAS) Q2 (USD): EPS 1.28 (exp. 1.16), Revenue 1.14bln (exp. 1.07bln), raises FY26 guidance

• Consumer products revenue USD 463mln, +5%.
• Entertainment revenue USD 12.8mln, -20%.
• Wizards of the Coast and Digital Gaming revenue USD 663.8mln, +27%

• Total revenue between 5-7% (prev. guided 3-5%).
• Adj. operating margin between 25-26% (prev. guided 24-25%).
• Adj. EBITDA between USD 1.45-1.50bln (prev. guided 1.40-1.45bln).

Hasbro's Q2 results demonstrate a strong beat on both EPS and revenue compared to expectations, signaling solid performance in their consumer products and digital gaming segments. The upward revision of their full-year guidance suggests confidence in sustaining growth, particularly in their high-performing areas, despite weaker performance in entertainment. This could bolster investor sentiment and positively influence share price movement in the near term.