Piper Jaffray Raises Price Target on Mattel (MAT) Following a Mixed 1Q
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Mattel Reports First Quarter 2016 Financial Results And Declares Quarterly Dividend
April 20, 2016 4:06 PM EDTEL SEGUNDO, Calif., April 20, 2016 /PRNewswire/ -- For the first quarter of 2016, Mattel, Inc. (NASDAQ: MAT) reported worldwide gross sales down 1% in constant currency, worldwide net sales down 2% in constant currency, adjusted operating loss of $36.0 million and adjusted net loss per share of $0.13.
"Our results in the quarter reflect very solid progress, particularly in light of significant headwinds we faced at the outset of 2016," said Christopher Sinclair, Chairman and CEO of Mattel. "Retail sales continued to show strength across many of our core brands, and are closely aligned with... More
DHX Media and Mattel Creations Expand Relationship With Rainbow Magic™ Agreement
April 19, 2016 6:42 PM EDTDHX to drive growth with new, original content based on highly popular Mattel children's publishing property
HALIFAX, April 19, 2016 /PRNewswire/ -Â DHX Media Ltd. ("DHX" or the "Company") (NASDAQ: DHXM; TSX: DHX.A, DHX.B), the world's leading independent, pure-play kids content company, has licensed the much-loved children's publishing property, Rainbow Magic, from Mattel, Inc. ("Mattel") (NASDAQ: MAT), the worldwide leader in the design, manufacture, marketing and content of toys and family products.
The long-term, exclusive, worldwide agreement managed under the Mattel... More
