Hasbro Q1 Profit More Than Doubles on Magic: The Gathering Sales Surge
Hasbro's Q1 adjusted EPS of $1.47 beats estimates as Magic: The Gathering revenue jumps 36% to $469.6 million. Hasbro posted first-quarter net earnings of $198.4 million, more than doubling from $98.6 million a year earlier, as revenue climbed 13% to $1,000.2 million. The