MAT / Mattel earnings beat, but guidance disappoints

Linda Bolton Weiser, D.A. Davidson senior analyst, joins 'Power Lunch' to discuss holiday season red flags. more_horizontal

Mattel reported a 9% sales increase, while Hasbro saw a decline. Mattel didn't raise its full-year revenue guidance despite strong sales from Barbie a more_horizontal

While Mattel, Inc (NASDAQ:MAT) reported an impressive 24% year-over-year increase in doll sales for the third quarter driven by the success of the Ba more_horizontal

Multinational toy manufacturer Mattel (MAT) beat third-quarter earnings estimates on the top and bottom lines. Mattel Chairman and CEO Ynon Kreiz attr more_horizontal

In the playful world of toys, Mattel wound up its engines and announced a 9% increase in its third-quarter 2023 net sales, reaching $1.92 billion, wit more_horizontal

Shares of Endeavor Group Holdings Inc. EDR, -1.99% surged 21% after private-equity giant Silver Lake said it was considering a plan to take the sports more_horizontal

While the top- and bottom-line numbers for Mattel (MAT) give a sense of how the business performed in the quarter ended September 2023, it could be wo more_horizontal

Call Start: 17:00 January 1, 0000 6:01 PM ET Mattel, Inc. (NASDAQ:MAT ) Q3 2023 Earnings Conference Call October 25, 2023 17:00 ET Company Participant more_horizontal