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Stock impact report

UBS sees toy sector reset [Seeking Alpha]

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: Seeking Alpha
UBS sees toy sector resetUBS warns that Toy "R" Us could close as many as 183 stores as part of a 2018 strategy reset.While the level of store closings indicated in the UBS forecast reps a low single digit sales impact for both Mattel (NASDAQ:MAT) and Hasbro (NASDAQ:HAS), Target (NYSE:TGT) and Wal-Mart (NYSE:WMT) are seen as well-positioned to pick up extra toy sales over the long term to support the manufacturers.Sources: CNBC and BloombergClick to subscribe to real-time analytics on HASNow read:Target Never Needed To Be The Cheapest » Show less Read more
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