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Hasbro Boosts Outlook on Strong Q2

Wall Street Journal US Business •
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Hasbro raised its full‑year outlook after a sharp turnaround in the second quarter. The toy and game maker now expects revenue to rise 5% to 7% in constant currency for the year, up from a prior forecast of 3% to 5%.

Adjusted EBITDA is projected to be between $1.45 billion陆 and $1.5 billion, a lift from the earlier estimate of $1.4 billion to $1.45 billion. The lift comes as the company swung to a profit of $160.9 million, or $1.12 a share, for the three months ended June 28, compared with a loss of $855.8 million, or $6.10 a share, in the same period last year.

The upside is driven by continued strength in its Wizards of the Coast and digital‑gaming segment, while the well‑known brands Play‑Doh and Nerf continue to support overall sales.

These results underscore Hasbro’s resilience and position the company for a stronger fiscal year.