Hasbro shows off MTG Q1 revenue boost following Bank of America criticism

Trading cards are hot and Hasbro is profiting through Magic: The Gathering, highlighting an increase in Quarter one revenues over last year through an April 27 conference call. 

Hasbro has been in the financial hot seat following recent and past criticism from Bank of America analysts, along with price drops in stock. The organization has also taken heat from the Magic community, from Magic30 booster packs to the Pinkerton-enforced confiscation of March of the Machine: Aftermath cards that were leaked. But MTG sale revenues are up, according to Hasbro chief executive Chris Cocks, increasing by 16 percent during the first quarter of 2023 over last year. 

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