Ramadan and Eid al-Fitr Decorations? Party City Is Discovering American Muslims’ Purchasing Power [Fortune]
Mattel, Inc. (MAT)
Last mattel, inc. earnings: 2/13 04:05 pm
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Source: Fortune
By David Meyer 8:04 AM EDT Party City, the party supply store, says it has become the first national retail chain in the U.S. to offer a range of decorations for the Muslim holy month of Ramadan and the festival of Eid al-Fitr, which ends the Ramadan fast. According to a CNN report , the chain is selling the decorations online and trialling them in a limited number of stores, and demand has been “very strong.” Ramadan began at sundown on Tuesday evening, and Eid al-Fitr begins at sundown on June 14. According to Islamic belief, the month of Ramadan commemorates the archangel Gabriel’s visit to the prophet Muhammad, in which he began to reveal the Quran, Islam’s central religious text. The U.S. has a growing Muslim population, estimated to total 3.45 million at the moment, but surveys have shown that many still don’t believe the religion
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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