THIS OLD-SCHOOL HOBBY IS HELPING HASBRO DEFY ECONOMIC HEADWINDS
https://s.yimg.com/ny/api/res/1.2/2.LzaLxg5VpshO.patDFtA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD02NzU-/https://media.zenfs.com/en/fastcompany_735/525b2841c31a211d845be839d37b2419
✍️ Hasbro Inc. reported a 3% increase in shares after beating analyst expectations with its second-quarter earnings, driven by strong performance from its digital games and Magic: The Gathering.
👉 Hasbro's shares increased 3% in premarket trading after reporting second-quarter earnings 👉 The company beat analyst expectations with revenue of $980.8 million and earnings of $1.30 per share 👉 Digital games, including Monopoly Go! and Magic: The Gathering, contributed significantly to revenue 👉 Magic: The Gathering's recent expansion set, Final Fantasy Universes Beyond, shattered records and became the fastest-selling expansion in MTG history 👉 Hasbro's CEO, Chris Cocks, attributed the company's success to its ability to offset the impact of tariffs through cost reductions and targeted pricing actions
-- #ChrisCocks #RayAdler #business
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