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0.000620012277470923 -0.00552486187845303 0.0147329650092082 0.01719459791283 0.0116635972989565 0.0116635972989565 0.0294659300184162 0.0227133210558626
Stock impact report

The Proactive Fund Investor, with Bill Donoghue: Mattel depending on Barbie, Hot Wheels and Fisher-Price for turnaround [MarketWatch]

Mattel, Inc. (MAT) 
Last mattel, inc. earnings: 2/13 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.shareholder.com/mattel
Company Research Source: MarketWatch
Mattel depending on Barbie, Hot Wheels and Fisher-Price for turnaround Mattel Inc. is dependent on “three key power brands”— Barbie, Hot Wheels and Fisher-Price—to execute a turnaround after a steep North American sales decline during the holiday-season quarter. Shares of the toy company MAT, +5.81% are down 8% in Friday premarket trading after the company reported sales and earnings that missed expectations . North American revenue was particularly disappointing, down 17% in the important fourth quarter, driven by a variety of factors including the Toys “R” Us bankruptcy , some underperforming brands and tighter inventory management. Among the brands that were a problem for the quarter was American Girl , which was down 21% to $451.5 million. “We expect growth across these three power brands driven by more consistent execution across markets and growing our play systems into new areas,” said Margo Georgiadis, Mattel chief executive, on the late Thursday earnings call, according to Show less Read more
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