Hasbro preliminary sales beat estimates, buoyed by ‘Magic’ - The Boston Globe

Hasbro reported preliminary first-quarter revenue exceeding analyst estimates, largely due to the strong performance of its fantasy card game, Magic: The Gathering, despite a prior cybersecurity attack. The article also covers various other business news, including the increasing age of CEOs, concerns about forced labor cotton in Labubu dolls, Spirit Airlines’ financial discussions with the US government, Nike’s corporate job cuts, accelerated insurance coverage for breakthrough medical devices, Kellogg’s reintroduction of toy prizes in cereal, and a dip in US long-term mortgage rates.

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