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Stock impact report

Lego dinosaurs and sports car help toymaker build recovery [Reuters]

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: Reuters
Lego dinosaurs and sports car help toymaker build recovery | Reuters 3 Min Read COPENHAGEN (Reuters) - Sales of Lego dinosaurs and a Bugatti sports car helped the Danish toymaker stabilize revenue in the first half of this year after a drop in 2017 for the first time in more than a decade. The privately-owned firm, famous for its colorful plastic bricks, pushed the “reset button” last year, acknowledging its business had grown too complicated. Its attempts to recover have been hampered by the bankruptcy of the biggest U.S. toy-store chain Toys’R’Us, but demand for new products such as the dinosaur-themed Jurassic World range helped to steady revenue in the first six months of the year. “I am satisfied, because we set out to stabilize growth this year and we have already done it during the first half,” Chief Executive Niels B. Christiansen told Reuters. Overall, consumer sales grew 1 percent during the half, while revenue was flat in constant currencies and fell 5 percent in Danish cro Show less Read more
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