Earnings: Even Barbie can't save Mattel from holiday sales slump [USA TODAY]
Mattel, Inc. (MAT)
Last mattel, inc. earnings: 2/13 04:05 pm
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Source: USA TODAY
CLOSE The upcoming doll is based on fencer Ibtihaj Muhammad, the first U.S. Olympian to compete while wearing a hijab. Video provided by Newsy Newslook A mother and daughter shop for a Barbie at a Toys“R”Us Nov. 21, 2008 in New York. The U.S. economy's weakness will stretch well into next year, a Federal Reserve official warned Friday. The nation's retailers face one of their most critical shopping days next week, Black Friday, on Nov. 28. (Photo: Mark Lennihan, AP) CONNECT TWEET LINKEDIN COMMENT EMAIL MORE Shares of Mattel fell 8.6% after the closing bell on Thursday as sales during the crucial holiday period failed to meet Wall Street expectations. The toy company reported weak demand for key brands, including Fisher-Price and American Girl, as well as residual effects from the collapse of Toys R Us. Mattel reported a net loss of $281.3 million or 82 cents per share, hurt by a one-time, $457 million charge related to new
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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