Hasbro Reports Strong Q1 Results Driven by Digital Games
Hasbro reported first-quarter revenue of $1 billion, exceeding estimates, driven primarily by strong demand for its digital games such as 'Magic: The Gathering'. Despite a cybersecurity incident that delayed results and softened traditional toy sales due to high living costs, the company's partnerships with popular media helped boost performance.
Topics: consumer_spending cybersecurity_incident digital_games