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Hasbro lifts annual forecasts on "Magic: The Gathering" demand boost
Yahoo Finance· 2025-10-23 20:14
By Neil J Kanatt and Prerna Bedi (Reuters) -Hasbro raised its annual revenue and core profit forecasts on Thursday, banking on strong demand for its digital games including "Magic: The Gathering", at a time when tariff uncertainty looms over the all-important holiday season. The toy industry, which relies heavily on its manufacturing hubs in regions including China, risks a significant hit from the tariffs, with a recent threat of a 100% duty on Chinese imports further clouding the outlook. Hasbro rolle ...