π Hasbro $HAS rockets +14% β Magic: The Gathering just hit $545M in one quarter
Nobody had "Magic: The Gathering saves Hasbro" on their bingo card, but here we are. Q2 revenue jumped 16% YoY to $1.14B, topping estimates by $80M, driven by the Marvel Super Heroes set pushing the franchise to its biggest quarter ever at $545M. Hasbro raised full-year revenue growth guidance to 5-7% from 3-5% and lifted its adjusted EBITDA target. EPS of $1.28 beat the $1.13 consensus. Did a collectible card game just become Hasbro"s crown jewel? Not financial advice.
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