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Hasbro Bets On Magic, Mattel Waits For Holiday Rebound - Hasbro (NASDAQ:HAS)
Benzinga· 2025-09-19 18:03
Hasbro Inc. HAS and Target Corporation TGT are riding a surge in trading-card demand. At the same time, Mattel Inc.‘s MAT outlook shifts toward a holiday-heavy fourth quarter amid tighter retailer inventories.Bank of America’s Alexander Perry says trading cards—and especially Magic: The Gathering—remain the key growth engine for Hasbro heading into late 2025, with a busier release slate, “an expanding player base”, and wider distribution fueling upside.Perry is hosting investors with Hasbro management at Ma ...