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Mattel (NYSE:MAT) posted a first-quarter beat on the top- and bottom-lines on Wednesday as U.S. sales surged thanks to its Mattel Girls brand and demand ramped up in Europe despite the region's ongoing economic headaches. The El Segundo, Calif.-based maker of Barbie dolls and Hot Wheels reported net income of $38.5 million, or 11 cents a share, compared with a year-earlier profit of $7.8 million, or 2 cents.The results, also helped by tighter expenses, beat average analyst estimates in a Thomson Reuters poll by two pennies.Revenue for the three-month period grew 7% to $995.6 million from $928.4 million a year ago, trumping the Street's view of $986.5 million.Sales of the nation's largest toymaker were led by a 5% improvement in North America, which includes toy sales in the U.S., Canada and its entire American Girl brand. Internationally, sales were up 9%, excluding a negative impact from foreign exchange rates."Overall, 2013 is off to a solid start, demonstrating the strength of our ...
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Strong demand for Mattel Inc.'s (MAT) Monster High and American Girl dolls lifted sales during the company's critical fourth quarter, but a litigation charge tied to...
Mattel Inc missed Wall Street's profit and sales estimates for the fourth quarter on weak demand for its mainstay Barbie dolls and movie-themed toys in a holiday sea...
Toy company Mattel (NYSE:MAT) disclosed a deeper-than-expected 17% slump in fourth-quarter earnings on Friday amid tepid holiday sales and a litigation charge, but t...
Earnings HQ: FBN’s Diane Macedo breaks down fourth-quarter earnings reports.
Mattel Inc missed Wall Street's profit and sales estimates for the fourth quarter on weak demand for Barbie dolls and movie-themed toys in the holiday season.Friday'...
Mattel Inc missed Wall Street's profit and sales estimates for the fourth quarter on weak demand for Barbie dolls and movie-themed toys in the holiday season.The com...
No. 2 toymaker Hasbro Inc.'s downbeat holiday sales forecast and profit shortfalls sent toy stocks lower on Friday when the broader markets traded higher. Hasbro fel...
A U.S. appeals court threw out a jury verdict worth more than $80 million against toy giant Mattel Inc on Thursday over trade secret claims relating to Bratz dolls t...
Strong demand for toys in the final two weeks of the year helped the industry report a relatively modest 0.6% drop in 2012 sales from the prior year, according to re...
Sales at Toys "R" Us Inc.'s domestic stores fell in December, as weaker demand for electronics and an uncertain economic climate hurt the retailer during the critica...
The 2012 holiday season may have been the worst for retailers since the financial crisis, with sales growth far below expectations, forcing many to offer massive pos...
Mattel Inc.'s (MAT) first-quarter earnings soared as a double-digit rise in American Girl doll sales drove the toy maker's better-than-expected revenue growth."We ar...
Mattel Inc , the world's largest toymaker, reported higher first-quarter profit, helped by its efforts to keep a tight lid on costs.The maker of Barbie dolls, Hot Wh...
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MGA Entertainment CEO Isaac Larian on the legal battle with Mattel over Bratz.
Life in plastic has been pretty fantastic for Barbie, but for toy makers looking to compete with the fashion icon, one retail chain is becoming the go-to destination...
Hasbro Inc.'s (HAS) fourth-quarter earnings fell 6.3% as the toy maker's sales in Europe slumped, while a restructuring charge tied to cost cutting also weighed on t...