Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Mattel Proves It's Still Got Game in Q2

TheMotleyFool

0 0

There was good reason to think Mattel (NASDAQ: MAT) would offer up a second-quarter earnings surprise, and the toy maker didn't disappoint. Revenue rose 2% to $860 million compared to an expected 2% decline, and adjusted earnings came in at a loss of $0.25 per share, an improvement over last year's $0.29 per-share loss and significantly better than Wall Street's expected $0.35 per-share loss.

Investors who were paying attention could have profited nicely as Mattel's stock surged 13% on the results.

Toy Story 4 was the big story for Mattel this quarter. Image source: Mattel.

Quelle Fool.com

Like: 0

MAT

Share