Mattel bets on cost savings to drive 2024 profit as toy demand dulls
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- S&P, Nasdaq drop on semiconductor selloff as AI spending concerns mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- Needham Starts NeoVolta (NEOV) at Buy
Mattel's (MAT) Q4 results fall short but shares climb on solid profit guidance
February 7, 2024 4:46 PM ESTMattel (NASDAQ: MAT) reported worse-than-expected earnings and revenue for the fourth quarter but issued an upbeat profit outlook for fiscal 2024.
The stock climbed 0.2% in after-hours trading.
The toy maker posted Q4 earnings per share (EPS) of $0.29, missing the consensus estimates of $0.33. Revenue came in at $1.62 billion, also below the estimated $1.66... More
