Hasbro boosts annual forecasts on digital gaming demand
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Hasbro raised its annual revenue and core profit forecasts, driven by strong demand for digital gaming, particularly from titles like "Magic: The Gathering." The company expects fiscal-year 2025 revenue growth in the high single digits and adjusted EBITDA between $1.24 billion and $1.26 billion. Despite challenges from inflation and trade policies, Hasbro's quarterly revenue of $1.39 billion surpassed estimates, with a 42% increase in its Wizards of the Coast and Digital Gaming segment.
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