Hasbro beat Q1 estimates with $1B revenue and reaffirmed its full-year outlook, but shares dropped as cyber breach costs remain unknown amid rising oil prices and tariff concerns.
Hasbro grew sales and profit in Q1 2026, led by Magic: The Gathering. Cyber issue contained, outlook stays the same.
Hasbro pauses orders after hack, may change supplier; site still down but games unit running, impact on supply chain and costs.
Hasbro is investigating a cybersecurity breach after unauthorized access on March 28. The toy giant took systems offline but is using backup plans to keep taking orders and shipping products.
Hasbro reports strong Q4 results driven by Magic: The Gathering, but forecasts modest 2026 revenue growth amid consumer spending concerns and tariff pressures. The company announces a $1 billion share buyback program.
