Hasbro expects slower revenue growth as consumer spending on toys remains weak

Hasbro projects lower annual revenue growth as import tariffs weigh on consumer spending. Strong digital gaming sales helped the company beat recent estimates.

Insights:
Hasbro, Inc. announced on February 10, 2026, that it expects annual revenue growth to range between 3% and 5%, a forecast that is below the analysts' average estimate of 5.16% as reported by LSEG. This outlook was issued alongside fourth-quarter results that beat revenue estimates and follows the conclusion of the holiday-season sales period.
The below-estimate annual revenue forecast is significant because it signals weaker-than-expected demand for discretionary toys and directly affects Hasbro's near-term financial outlook and investor expectations. This development comes amid broader, contemporaneous reports of tepid consumer discretionary spending in the US USUS, which has impacted various segments of the market.
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