Hasbro, Inc. (HAS) Q3 FY2026 earnings

Reported results

• Q3 2026 net revenues increased 15% to $1,595.3 million vs. $1,387.5 million in Q3 2025
• Q3 2026 reported operating profit was $517.3 million and adjusted operating profit was $541.2 million, up 52% vs. prior year
• Q3 2026 reported net earnings per diluted share were $2.77 and adjusted net earnings per diluted share were $2.90
• Wizards and Digital Gaming segment revenue increased 31% to $747.2 million, with Magic: The Gathering revenue of $616.1 million, up 34%
• Consumer Products segment revenue increased 4% to $827.9 million with adjusted operating profit of $177.7 million, up 100% vs. prior year
• Company returned $206 million to shareholders in Q3 2026 through dividends and share repurchases

Guidance

• Full year 2026 total Hasbro revenue expected up 7-9% in constant currency (previously up 5-7% in constant currency)
• Full year 2026 adjusted operating margin of 27-28% (previously 25-26%)
• Full year 2026 adjusted EBITDA of $1.575 billion to $1.625 billion (previously $1.45 billion to $1.50 billion)
• Quarterly cash dividend of $0.70 per common share declared, payable December 2, 2026

Notes

Results include approximately $55 million of tariff refunds in Q3 2026. Year-to-date results include a $56 million impairment related to digital games, nearly offset by $55 million benefit from tariff refunds. Company doubled share repurchase target for 2026. During Q3, Company deployed $79 million toward debt reduction; year-to-date $226 million deployed toward debt reduction.

Price and volatility reaction

The stock moved +11.2% on the print. No front-expiry chain was on file, so there is no straddle expected move.

Source

The figures above come from the earnings release the company filed with the SEC on 2026-10-20 (8-K, Item 2.02). Read the original filing on sec.gov.