Hasbro beats second-quarter expectations as gaming division offsets tariff-fueled toy slump
1. Hasbro exceeded Q2 earnings predictions with growth in digital gaming. 2. Company reported a net loss of $855.8 million due to goodwill impairment. 3. Strong performance in Magic: The Gathering indicates growing community engagement. 4. Hasbro anticipates mid-single-digit revenue growth for the full year. 5. Traditional toy sales continue to decline, impacted by tariffs and market volatility.