Core Insights - Hasbro is navigating challenges from tariffs and supply chain pressures by selectively raising prices on certain products while aiming to keep half of its offerings under $20 [1][2] - The company reported a revenue increase of 8% year-over-year to $1.39 billion, surpassing Wall Street's expectations, with adjusted earnings per share at $1.68, slightly down from the previous year [2] - Hasbro's stock has risen 36% year-to-date, and the company has raised its full-year sales outlook to high single digits, driven by successful product launches and partnerships with major entertainment franchises [3] Financial Performance - Revenue for the third quarter reached $1.39 billion, exceeding the consensus estimate of $1.35 billion [2] - Adjusted earnings per share were reported at $1.68, down 3% from the previous year but above the expected $1.63 [2] Market Dynamics - The company is experiencing a bifurcation in consumer spending, with high-income households continuing to spend on collectibles and luxury items, while lower and middle-income families are more price-sensitive [4][5] - Hasbro's strategy includes addressing the needs of both consumer segments, with a focus on providing value to budget-conscious families [4] Analyst Sentiment - Analysts remain optimistic about Hasbro's stock, with Jefferies analyst Kylie Cohu reiterating a Buy rating and highlighting strong engagement among adult collectors and demand for products like "Magic: The Gathering" [6]