Core Insights - Hasbro raised its annual revenue and core profit forecasts, driven by expectations of strong holiday season sales and increased demand for its digital gaming segment [1] Financial Performance - The company is optimistic about its revenue growth, particularly in the context of the upcoming holiday season [1] - Core profit forecasts have also been adjusted upwards, reflecting confidence in the company's performance despite broader economic uncertainties [1] Market Trends - There is a notable demand for Hasbro's digital gaming segment, which is contributing to the positive outlook for the company's financials [1] - The macroeconomic environment remains uncertain, but Hasbro is positioning itself to capitalize on seasonal sales opportunities [1]
Hasbro boosts annual forecasts on digital gaming demand