Mattel, Inc. (MAT.MX)
| Previous close | 320.00 |
| Open | 0.00 |
| Bid | 280.00 x N/A |
| Ask | 332.99 x N/A |
| Day's range | 320.00 - 320.00 |
| 52-week range | 290.00 - 391.55 |
| Volume | |
| Avg. volume | 42 |
| Market cap | 110.099B |
| Beta (5Y monthly) | 0.98 |
| PE ratio (TTM) | 22.82 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | N/A |
- Yahoo Finance Video
Toy industry is currently stuck in 'a weird spot': Expert
Toy giants Hasbro (HAS) and Mattel (MAT) reported their first-quarter earnings revealing declines in year-over-year sales. As consumers get hit with higher prices for food and gas, more pressing economic concerns may be interfering with toy sales. The Toy Book Editor-in-Chief and The Toy Insider Senior Editor James Zahn joins Wealth! to talk about the retail picture rising toy prices are painting for the broader US consumer. "The toy industry is in a weird spot right now because we're coming off of a couple of years with the pandemic. We had all of those sales booms that no one planned for, and then they started to dive down," Zahn explains. "That softness at the end of 2022 rolled into '23, and now we're seeing it again coming out of the first quarter of '24. The big things right now are that families are dealing with economic concerns. They're paying more for groceries. More for gas. The excitement at retail really isn't there because all of the newness hasn't come in yet. So we're still in kind of a wait-and-see until some of these new, exciting products start hitting towards the middle of the year. " For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Nicholas Jacobino
- Yahoo Finance Video
Mattel posts narrower loss than expected, sees demand improving
Mattel (MAT) Mattel posted mixed first quarter results. The toymaker reported an adjusted loss per share of $0.05, smaller than the $0.12 that was expected. Net sales were a little lighter than expected, $809.5 million versus an estimate of $831.8 million. Mattel CEO Ynon Kreiz said in the release "Trends in consumer demand for our product improved through the quarter and we expect to outpace the industry and gain market share in 2024." Yahoo Finance's Julie Hyman and Jared Blikre break down the report. For more expert insight and the latest market action, click here to watch this full episode.
- Yahoo Finance Video
Tesla, Visa, Mattel report earnings: Yahoo Finance
The earnings avalanche continues after the market close, with Tesla (TSLA), Visa (V), and Mattel (MAT) all issuing their quarterly reports. Investors are keeping a close eye on Tesla, in particular. The EV maker has seen its stock slide 40% so far this year, with disappointing Q1 deliveries and price cuts taking a toll on the shares. For Mattel and Visa, Wall Street will be looking for signs that consumers may be starting to pull back on spending. Other trending tickers on Yahoo Finance include Spotify Technology (SPOT), General Electric (GE), and JetBlue Airways (JBLU). Top guests today include: 3:05 p.m. ET - Phil Blancato, Osaic Chief Market Strategist & Ladenburg Asset Management CEO 3:35 p.m. ET - Veronica Clark, Citi Economist 4:10 p.m. ET - Craig Irwin, Roth MKM Senior Research Analyst 4:35 p.m. ET - Dave Liniger, RE/MAX co-founder
