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. The.
Mattel Posts Narrower Loss, Thanks to Hot Wheels Growth and Lower Costs bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
Toy manufacturing and entertainment company (NASDAQ:MAT) fell short of analysts' expectations in Q1 CY2024, with revenue flat year on year at $809.5 million. It made a GAAP loss of $0.08 per share, improving from its loss of $0.30 per share in the same quarter last year.
Mattel's Quarterly Loss Smaller Than Expected as Cost Cuts Pay Off usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.