Why Is Hasbro (HAS) Stock Soaring Today

Shares of toy and entertainment company Hasbro (NASDAQ:HAS) jumped 5.7% in the afternoon session after the company reported third-quarter 2026 results with a fourth straight quarter of double-digit revenue growth, raised full-year guidance, and doubled its share-repurchase target. According to a company press release, Hasbro posted revenue of $1.60 billion, up 15% year over year, and adjusted EPS of $2.90, beating Wall Street expectations of about $1.48 billion and $1.85. Adjusted operating prof