Hasbro, Inc. · HAS · Next earnings

Hasbro, Inc. reports Thursday, Oct 22, 2026

HAS reports before market open with consensus EPS at $1.88 and revenue at $1.47B. Last quarter: Hasbro Q2: Magic Drives 16% Revenue Growth, Full-Year Guidance Raised

Reports Before market open32 days awayDate estimated Consumer Cyclical

What the street expects

Consensus for the coming report
Consensus EPS $1.88 Calendar consensus
Consensus revenue $1.47B Calendar consensus
Report date Oct 22, 2026 Thursday, date estimated
Session Before market open 32 days away

Where HAS left off: FY2026 Q2

Full report

Hasbro Q2: Magic Drives 16% Revenue Growth, Full-Year Guidance Raised

EPS surprise +10.3% Reported $1.28 vs $1.16
Revenue surprise +6.6% Reported $1.14B vs $1.07B
Stock move +8.8% Event window
Subsequent drift +6.5% Up to 20 sessions

Management shifted from maintaining full-year guidance in Q1 to raising it in Q2, now targeting 5-7% revenue growth and 25-26% adjusted operating margin. The upgrade reflects stronger-than-expected Wizards performance and confidence that delayed Consumer Products revenue from the cyber incident is recovering. Cost transformation savings have accelerated from $37 million to $70 million year-to-date.

What to watch on the call

Carried forward from the last transcript

Risks management flagged

  • Higher input costs and inflation pressures on margins, particularly freight and packaging
  • Supply chain and printing capacity constraints for Magic trading cards could limit growth
  • Increased royalties and marketing spend for 2027 video game launches may compress near-term margins
  • Potential underperformance of new IP releases and holiday-season demand variability
  • Digital portfolio restructuring risk after the $56 million impairment signals uncertainty in gaming projects

Questions analysts left open

  • Durability of Magic's growth trajectory into 2027 and beyond
  • Back-half guidance assumptions for Wizards versus Consumer Products segments
  • Print capacity and distribution ability to meet rising Magic demand
  • Impact of the $56 million digital impairment on future earnings power
  • Margin effects of upcoming video-game launches and associated marketing spend

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Recent HAS quarters

All HAS earnings
+8.8%FY2026 Q2

Sources

  1. FN2 corporate events calendar, resolved from the earnings calendar feed
  2. FN2 earnings calendar analyst consensus
  3. Earnings call transcript analysis, FY2026 Q2

Methodology

The report date comes from FN2's resolved corporate-events calendar and is marked estimated until the company confirms it. Consensus figures are the calendar's latest analyst estimates for the fiscal period and are not an FN2 forecast.

Risks and open questions are carried forward verbatim from FN2's structured analysis of the previous earnings call. Missing values stay missing and are never estimated.

By FN2 Research · Updated . For educational purposes only; not investment advice.