Hasbro (HAS) Q2 FY26 earnings call

Hasbro delivered a strong second quarter, driven by exceptional growth in Magic: The Gathering and a recovering Consumer Products segment, leading to a raised full-year outlook. The company is strategically refining its digital gaming investments, taking a non-cash write-down to focus on high-conviction titles and partnerships, which is expected to reduce future digital spend. This disciplined approach, coupled with robust brand performance and increased capital returns, positions Hasbro for continued top and bottom-line growth.