From The Motley Fool · Motley Fool Transcribing · · 2m
Hasbro Q3 2026 Earnings Beat
Hasbro reports 15% revenue growth and 52% operating profit jump in Q3 2026.
In brief
Hasbro reports 15% revenue growth and 52% operating profit jump in Q3 2026. Hasbro's Q3 2026 earnings show 15% year-over-year revenue growth and 52% higher adjusted operating profit across all business segments. Originally reported by The Motley Fool.
Q3 2026 Results
Hasbro reported $1.6 billion revenue, up 15% year over year.
Adjusted Operating Profit
Adjusted operating profit reached $541.2 million, a 52% year-over-year increase.
Adjusted EPS
Adjusted earnings per share rose to $2.90, up 73% year over year.
Magic: The Gathering
Magic revenue surpassed $600 million for the first time, growing 34% year over year.
Wizards of the Coast
Wizards segment operating profit grew 46% to $367.4 million with 49.2% margin.
Consumer Products
Consumer products revenue grew 4% to $827.9 million with 21.5% operating margin.
Inventory Management
Inventory decreased 10% year over year to $358.9 million as management focused on clean retail levels.
Cost Savings
Cost savings of $105 million achieved through first nine months against $150 million target.
Operating Cash Flow
Operating cash flow reached $907.3 million for first nine months, an 85% increase.
Debt Reduction
Debt reduction of $226 million deployed year to date through bond repurchases and maturity prefunding.
Share Repurchase Target
Share repurchase target increased from $200 million to $400 million for the full year.
Full-Year Revenue Guidance
Full-year revenue guidance raised to 7% to 9% growth in constant currency.
Wizards Segment Guidance
Wizards segment revenue expected to grow 16% to 18% with 44% to 45% operating margins.
Consumer Products Guidance
Consumer products revenue expected to grow 1% to 3% with 8% to 10% operating margins.
Entertainment Segment Guidance
Entertainment segment revenue expected to grow 3% to 5% with 65% operating margins.
Fourth Quarter Outlook
Fourth quarter margin expected to step down due to promotional and shipping mix shifts.
The main idea
Hasbro's Q3 2026 earnings show 15% year-over-year revenue growth and 52% higher adjusted operating profit across all business segments.
