Hasbro Posts Solid Third-Quarter Revenue Growth, but Its Holiday Quarter Outlook Sends Shares Tumbling [The Motley Fool]
Mattel, Inc. (MAT)
Last mattel, inc. earnings: 2/13 04:05 pm
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US:NASDAQ Investor Relations:
investor.shareholder.com/mattel
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Source: The Motley Fool
With revenue and adjusted EPS growth of 6.5% and 1%, respectively, the toymaker did a good job managing the challenges associated with the Toys R Us bankruptcy filing and continued softness in the U.K. and Brazilian markets. Toymaker Hasbro ( NASDAQ:HAS ) reported third-quarter 2017 results before the market opened on Monday. Revenue grew 6.5% and adjusted earnings per share edged up 1% from the year-ago period. The market sent Hasbro shares tumbling to a closing loss of 8.6% on Monday. The culprit wasn't the third-quarter results, which were better than many investors probably expected, but the company's tepid fourth-quarter outlook. The toymaker expects the holiday quarter's year-over-year revenue to increase 4% to 7%, whereas Wall Street analysts had been projecting a jump of 11.5%. The Toys R Us Chapter 11 bankruptcy filing and ongoing challenging economic environments in the U.K. and Brazil were the reasons cited for the weaker-than-anticipated guidance. After
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MAT
Earnings
- 4/23/24 - Beat
MAT
Sec Filings
- 4/30/24 - Form 4
- 4/30/24 - Form 4
- 4/30/24 - Form 4
- MAT's page on the SEC website