Retail News

Magic: The Gathering reaches record $600M in quarterly revenue

Reported by Retail Dive, Kaarin Moore on Oct 20, 12:24 PM ET

Parent company Hasbro raised its 2026 financial outlook as it reported its strongest quarter of the year. The third quarter was Hasbro’s strongest of the year, according to Gina Goetter, Hasbro’s chief financial officer and chief operating officer. Revenue, profit and cash flow came in ahead of the company’s expectations, giving Hasbro the confidence to raise its outlook. On a Q3 earnings call, Cocks rattled off a list of high-performing metrics related to one of its cornerstone properties — Magic: The Gathering. “What outperformed in Q3 for Magic? Everything,” Cocks said on the call.

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