- Business
- Hasbro, Inc. (NASDAQ: HAS; LSE: 0J3K) is a leading global play and entertainment company that designs, manufactures, and markets a broad portfolio of toys, games, and digital gaming experiences. The company offers iconic brands including action figures such as Transformers and G.I. Joe; board games like Monopoly, Scrabble, Clue, and The Game of Life; preschool toys under Playskool and Tonka; blasters and sports toys like Nerf; dolls and playsets including My Little Pony and Power Rangers; trading card games and role-playing games through its Wizards of the Coast subsidiary, notably Magic: The Gathering and Dungeons & Dragons; plush products, arts and crafts such as Play-Doh, and interactive consumer products across more than 100 categories encompassing apparel, music, publishing, and location-based entertainment. Hasbro Entertainment develops, produces, and finances premium film, television, animation, and digital content based on its brands for audiences worldwide; operations span the United States, Europe, Canada, Mexico, Latin America, Australia, Asia, and other regions.
Founded in 1923 by the Hassenfeld brothers as a textile remnants business in Pawtucket, Rhode Island, where it maintains its global headquarters, Hasbro has evolved into the world's largest board game producer through acquisitions including Milton Bradley, Parker Brothers, Tonka, Kenner, and Wizards of the Coast.
In recent developments, Hasbro announced a global brand partnership for Littlest Pet Shop with child creator Like Nastya on November 10, 2025, featuring content series and fan experiences through 2026; entered a strategic licensing agreement with Dragon Shield for official Magic: The Gathering gaming accessories including the Legendary Series and Landfall Series; collaborated with Netflix on products tied to the film K-Pop Demon Hunters, with Monopoly Deal card game preorders live for a 2026 launch; reported Q3 2025 earnings surpassing expectations with 8% revenue growth driven by Wizards of the Coast and digital gaming; plans to relocate its east coast headquarters from Pawtucket to Boston by end-2026 while retaining gaming divisions in Renton, Washington; and continues its Playing to Win strategy emphasizing high-margin licensing, entertainment slates, and innovation amid a toys business turnaround.