0.000258799171842599 0.000517598343685381 0.000258799171842599 0.000258799171842599 -0.00077639751552798 -0.00336438923395433 -0.00129399585921318 -0.00284679089026914
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Stockreport

How Lego built itself into a nearly inflation-proof toy company [Business Insider]

Mattel, Inc. (MAT)  More Company Research Source: Business Insider
Last mattel, inc. earnings: 2/13 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.shareholder.com/mattel
The company appeals to a wide audience and has ventured into film and video games. Lego's many ventures have helped build a nearly inflation-proof company — one toy block at a time. While inflation has struck other industries, including most toy manufacturers, Lego has created a buffer with its extensive portfolio of products and associated entertainment. The company reported that its revenue increased by 13% in the first half of 2024 to $4.6 billion. Lego noted that its double-digit growth was "significantly outperforming the toy industry." According to the Toy Association, industry sales as a whole declined 1% in the first half of 2024 compared to the same period in 2023. Here are some of the strategic moves the company has made to yield such positive results. Appealing to a broad audience Lego is a rare toy that appeals to an audience beyond just children. The company attracts adult consumers, or "kidults," with product lines such as Lego Icons, which are Lego sets t [Read more]

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Stockreport

How Lego built itself into a nearly inflation-proof toy company [Business Insider]

Mattel, Inc.  (MAT) 
Last mattel, inc. earnings: 2/13 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.shareholder.com/mattel
The company appeals to a wide audience and has ventured into film and video games. Lego's many ventures have helped build a nearly inflation-proof company — one toy block at a time. While inflation has struck other industries, including most toy manufacturers, Lego has created a buffer with its extensive portfolio of products and associated entertainment. The company reported that its revenue increased by 13% in the first half of 2024 to $4.6 billion. Lego noted that its double-digit growth was "significantly outperforming the toy industry." According to the Toy Association, industry sales as a whole declined 1% in the first half of 2024 compared to the same period in 2023. Here are some of the strategic moves the company has made to yield such positive results. Appealing to a broad audience Lego is a rare toy that appeals to an audience beyond just children. The company attracts adult consumers, or "kidults," with product lines such as Lego Icons, which are Lego sets t [Read more]

IMPACT SNAPSHOT
EVENT TIME:
MAT
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
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MAX DOWN
Low:
%
POST NEWS RANGE
%
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S&P 500 (SPX)

%

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EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS