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Benzinga
Benzinga
Business
Nabaparna Bhattacharya

Hasbro Bets On Magic, Mattel Waits For Holiday Rebound

Sochi,,Russia-january,12,,2019:,A,Man,Is,Playing,In,Board

Hasbro Inc. (NASDAQ:HAS) and Target Corporation (NYSE:TGT) are riding a surge in trading-card demand. At the same time, Mattel Inc.‘s (NASDAQ: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.

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