Hasbro up after raising annual forecast on digital gaming demand

Hasbro

23/10/2025 17:46

** Shares of Monopoly maker Hasbro  up 2.6% at $77.12

** Co raises annual revenue and core profit forecasts betting on holiday season sales and demand for its digital gaming segment

** Now expects fiscal 2025 revenue to grow by high single digits, compared with earlier expectations of mid-single-digit rise

** HAS now expects adjusted EBITDA to be between $1.24 billion and $1.26 billion vs prior forecast range of $1.17 billion to $1.20 billion

** Co also beats quarterly revenue and profit estimates, as per LSEG data

** Shares fell in early trading, as broader economic backdrop, especially during holiday season, brings significant uncertainty in discretionary categories such as toys, according to analysts

** As of last close, HAS up nearly 34.4% YTD

 (Reporting by Sanskriti Shekhar in Bengaluru)

 ((Sanskriti.Shekhar@thomsonreuters.com))