Mattel made a new hire to run its TV studio, the toy maker's latest move to double down on the strategy that led to the blowout success of "Barbie."
After dropping to 52-week lows, the markets have been rallying lately. That has traders and investors scrambling for cheap stocks under $20 to buy.
The two largest iconic publicly traded toy companies released their Q3 2023 earnings reports. While the reports were starkly different, the reactions were similar in that they both saw their shares se
Linda Bolton Weiser, D.A. Davidson senior analyst, joins 'Power Lunch' to discuss holiday season red flags.

2 Toy Stocks Bombarded by Bears

01:26pm, Thursday, 26'th Oct 2023
Toymakers Hasbro, Inc. (NASDAQ:HAS) and Mattel Inc (NASDAQ:MAT) are plummeting this afternoon, after both warned of a weak holiday season with slumping sales in their latest quarterly reports.

Why Mattel Stock Plunged on Thursday

01:17pm, Thursday, 26'th Oct 2023
Mattel reported a 9% sales increase, while Hasbro saw a decline. Mattel didn't raise its full-year revenue guidance despite strong sales from Barbie and Hot Wheels.
Shares of Mattel (MAT) and Hasbro (HAS) plummeted in early trading on Thursday as the two toymakers warned of soft sales during the key holiday shopping season.
While Mattel, Inc (NASDAQ:MAT) reported an impressive 24% year-over-year increase in doll sales for the third quarter driven by the success of the Barbie movie, concerns about a slowdown in the toy
Hasbro and Mattel face a challenging fourth quarter, as both toy makers lowered their sales outlook for toys.
Multinational toy manufacturer Mattel (MAT) beat third-quarter earnings estimates on the top and bottom lines. Mattel Chairman and CEO Ynon Kreiz attributes much of this explosive success to the popul

Barbie's New Role: Picking up Mattel's Toy Sales

10:00am, Thursday, 26'th Oct 2023
In the playful world of toys, Mattel wound up its engines and announced a 9% increase in its third-quarter 2023 net sales, reaching $1.92 billion, with Barbie being the star of the show, alongside Hot
Barbie maker Mattel said sales of its iconic doll jumped 14% in the latest quarter thanks to the “Barbie” box-office blockbuster starring Margot Robbie and Ryan Gosling.
Stocks were poised for another day of declines Thursday. Hasbro and Mattel both cited concerns about the upcoming holiday season.
Shares of Endeavor Group Holdings Inc. EDR, -1.99% surged 21% after private-equity giant Silver Lake said it was considering a plan to take the sports and entertainment company private, right after En
While the top- and bottom-line numbers for Mattel (MAT) give a sense of how the business performed in the quarter ended September 2023, it could be worth looking at how some of its key metrics compare
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