Mattel (MAT) Misses Q1 EPS by 21c
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Mattel Reports First Quarter 2018 Financial Results
April 26, 2018 4:05 PM EDTEL SEGUNDO, Calif., April 26, 2018 /PRNewswire/ --Â Mattel, Inc. (NASDAQ: MAT) today reported first quarter 2018 financial results.
"Mattel delivered positive sales growth in the first quarter, excluding the impact of the Toys "R" Us liquidation," said Ynon Kreiz, incoming CEO of Mattel. "And we continue to see strong momentum in our key Power Brands, with Barbie and Hot Wheels each up double-digits. While Toys "R" Us will present a near term challenge, our transformation plan remains our focus, as we work to deliver improved profitability and return Mattel to its leadership... More
