Mattel boomerangs to its worst stock loss in more than 20 years [MarketWatch]
Hasbro, Inc. (HAS)
Last hasbro, inc. earnings: 4/29 06:00 am
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Source: MarketWatch
Mattel boomerangs to its worst stock loss in more than 20 years Mattel Inc. may need to get a license to the “Freaky Friday” franchise. The toy maker’s stock suffered its worst loss of the millennium on Friday, exactly a week after its best trading session of the 2000s the previous Friday. The boomerang trade was the result of splitting holiday-season earnings from Mattel’s MAT, -18.27% forecast for 2019 — neither held great news, but last week’s earnings were at least better than expected. Mattel‘s guidance Friday afternoon — reserved for a presentation at the annual Toy Fair industry event in New York — said gross sales will be the same as 2018 after factoring out the negative effects of currency fluctuations. Mattel sales have declined for five consecutive years, including 2018, but analysts were actually expecting the company to beat that streak in 2019, with an average projection for 3.5% growth, according to FactSet. Mattel stock jumped 23.2% on Feb. 8, after sales were good
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News
- Hasbro, Inc. (NASDAQ: HAS) had its price target raised by analysts at Bank of America Co. from $60.00 to $70.00. They now have a "neutral" rating on the stock.MarketBeat
- Hasbro, Inc. (NASDAQ: HAS) had its price target raised by analysts at Roth Mkm from $65.00 to $75.00. They now have a "buy" rating on the stock.MarketBeat
- Hasbro, Inc. (NASDAQ: HAS) had its price target raised by analysts at Monness Crespi & Hardt from $60.00 to $75.00. They now have a "buy" rating on the stock.MarketBeat
- Hasbro (HAS) Stock Rises on Q1 Earnings and Revenue Beat [Yahoo! Finance]Yahoo! Finance
- Hasbro (HAS) Reports Q1 Earnings: What Key Metrics Have to Say [Yahoo! Finance]Yahoo! Finance
HAS
Earnings
- 4/24/24 - Beat
HAS
Sec Filings
- 4/24/24 - Form 8-K
- 4/17/24 - Form 8-K
- 4/3/24 - Form ARS
- HAS's page on the SEC website