MAT / Meta shares fall on forecast of ad slowdown as Mattel stock drops on warning

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