$HAS

Magic the Gathering ($HAS) ER pre-market Tuesday, UB product strength and 2027 revealed sets show a WotC focused on growth and big names

Hasbro's core business is now WOTC/Magic the Gathering, which is experiencing robust growth driven by strong MTG set sales (Marvel Superheroes outperforming expectations, Reality Fracture, Star Trek), major 2027 IP announcements (Nintendo signing), and improved margin capture through direct-to-consumer Amazon sales and ancillary product distribution. Analyst consensus appears to underestimate MTG's momentum, positioning the company for an earnings beat.