Mattel, Inc. (MAT)
After hours:
- Yahoo Finance Video
Mattel posts narrower loss than expected, sees demand improving
Mattel (MAT) Mattel posted mixed first quarter results. The toymaker reported an adjusted loss per share of $0.05, smaller than the $0.12 that was expected. Net sales were a little lighter than expected, $809.5 million versus an estimate of $831.8 million. Mattel CEO Ynon Kreiz said in the release "Trends in consumer demand for our product improved through the quarter and we expect to outpace the industry and gain market share in 2024." Yahoo Finance's Julie Hyman and Jared Blikre break down the report. For more expert insight and the latest market action, click here to watch this full episode.
- GuruFocus.com
Mattel Inc (MAT) Q1 2024 Earnings Call Transcript Highlights: Robust Margin Growth and ...
Amidst a slight sales dip, Mattel reports significant improvements in profitability and cash flow, with optimistic projections for major brands.
- Associated Press Finance
Olympian Kristi Yamaguchi is 'tickled pink' to inspire a Barbie doll
Like many little girls, a young Kristi Yamaguchi loved playing with Barbie. With a schedule packed with ice skating practices, her Barbie dolls became her “best friends.” Yamaguchi, who became the first Asian American to win an individual figure skating gold medal, at the 1992 Winter Olympics, has been immortalized as a doll for Barbie's “Inspiring Women Series,” Mattel announced Wednesday.
