The licensing agreement with McFarlane Toys is likely to have a positive impact on Hasbro's stock in the short term. The deal could lead to an expanded product line and increased visibility for Hasbro's brands, which may translate into higher licensing revenue. The partnership taps into the collectibles market, which has a dedicated consumer base, and leverages McFarlane Toys' reputation for high-quality figures. This could generate excitement among investors and collectors alike, potentially driving up Hasbro's stock price.