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The two biggest U.S. toymakers, Hasbro Hasbro and Mattel Mattel , saw their stock prices jump today despite both companies reporting sales declines during the first quarter.
Mattel's (MAT) first-quarter 2024 bottom line gains from increased margins and the repurchase of $100 million worth of shares during the quarter. It remains aligned with its annual targets.

Why Mattel Stock Jumped This Morning

12:54pm, Wednesday, 24'th Apr 2024
Mattel didn't quite live up to expectations this quarter, but investors looked past the shortcomings thanks to progress. The company expects to return to growth in 2025.
Mattel, Inc. (NASDAQ:MAT ) Q1 2024 Earnings Call Transcript April 23, 2024 5:00 PM ET Company Participants David Zbojniewicz - Head of IR Ynon Kreiz - Chairman and CEO Anthony DiSilvestro - CFO Confer
Although the revenue and EPS for Mattel (MAT) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street es
Toy maker Mattel Inc. on Tuesday reported a narrower quarterly loss than expected, while holding to its full-year profit outlook and citing an improvement in demand after two years of weaker enthusias
Mattel posted a smaller-than-expected loss for the first quarter on Tuesday, helped by the Barbie maker's tight leash on costs while demand remains tepid for its toys and games.
Helen Mbugua-Kahuki, director of research at Calvert Research & Management, joins CNBC's 'The Exchange' to discuss sustainability stock picks, how the toymaker behind Barbie is going greener, and more
The so-called Magnificent Seven — Apple Inc., Nvidia Corp., Microsoft Corp., Tesla Inc. Google parent Alphabet Inc., Amazon.com, Meta Platforms Inc., the parent of Facebook and Instagram — have do
Two popular young children's toys have been recalled over fears the products could pose “a risk of serious injury or death from choking” due to a design flaw.
Mattel (MAT) first-quarter top line is likely to have been fueled by a robust selection of products, including both core and licensed brands.
The Zacks Toys - Games - Hobbies industry benefits from robust demand for sports toys, fashion dolls and accessories and STEM toys. Stocks like EA, MAT and JAKK are well-positioned to benefit.
Mattel (MAT) experiences a boost in sales, particularly in the Hot Wheels brand, and enjoys a varied product range in the North America segment.
Investors interested in stocks from the Toys - Games - Hobbies sector have probably already heard of Mattel (MAT) and Hasbro (HAS). But which of these two stocks presents investors with the better val
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