BRIEF-Mattel Q3 loss per share $1.75 [Reuters]
Mattel, Inc. (MAT)
Last mattel, inc. earnings: 2/13 04:05 pm
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Source: Reuters
BRIEF-Mattel Q3 loss per share $1.75 | Reuters Reuters Staff 1 Min Read Oct 26 (Reuters) - Mattel Inc * Q3 loss per share $1.75; Q3 adjusted earnings per share $0.09 * Q3 net sales $1.56 billion versus $1.8 billion * Q3 sales performance negatively impacted by Toys “R” Us bankruptcy, tighter retailer inventory management * suspends qtrly dividend, previously $0.15/share, expected to result in additional liquidity of about $50 million per quarter * Inventories at the end of Q3 2017 $990 million versus $910.5 million at the end of Q3 2016 * Q3 worldwide gross sales for Mattel Girls & Boys brands were $967 million, down 9 percent as reported versus prior year’s Q3 * Q3 worldwide gross sales for Barbie brand were down 6 percent as reported versus prior year’s Q3 * Q3 worldwide gross sales for Fisher-Price brands were $561.6 million, down 15 percent as reported versus prior year’s q3 * Plans to eliminate at least $650 million in net costs over next two years Source text for Eikon: Further
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News
- Mattel to Bring Three Channels to Samsung TV PlusBusiness Wire
- Mattel (MAT) Q1 Earnings Beat, Revenues Miss, Stock Rises [Yahoo! Finance]Yahoo! Finance
- Investors Reward Hasbro, Mattel For Cost Cuts, Inventory Reductions [Forbes]Forbes
- Mattel, Inc. (NASDAQ: MAT) had its price target raised by analysts at Citigroup Inc. from $25.00 to $26.00. They now have a "buy" rating on the stock.MarketBeat
- Mattel, Inc. (NASDAQ: MAT) had its price target raised by analysts at Bank of America Co. from $25.00 to $26.00. They now have a "buy" rating on the stock.MarketBeat
MAT
Earnings
- 4/23/24 - Beat
MAT
Sec Filings
- 4/23/24 - Form 8-K
- 4/18/24 - Form DEFR14A
- 4/17/24 - Form ARS
- MAT's page on the SEC website