Hasbro stock jumps after earnings beat and $1B buyback — but 2026 sales outlook trails Wall Street
Hasbro shares jumped 7% to $103.71 Tuesday morning after beating holiday-quarter estimates and announcing a $1 billion buyback. Fourth-quarter revenue reached $1.45 billion, with adjusted earnings of $1.51 per share. The company forecast 2026 revenue growth of 3%–5%, below analyst expectations. Hasbro also unveiled a multi-year Harry Potter licensing deal with Warner Bros Discovery, starting in 2027.