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Mattel, Inc. stock price
Mattel, Inc. latest news:
Synchronoss Technologies, Mattel Plop into Tuesday’s 52-Week Low Club
Toy companies' shares tumble on concerns of Toys 'R' Us bankruptcy
(Reuters) - Shares of Mattel Inc and Hasbro Inc , the two largest U.S. toy makers, fell on Monday on concerns that retailer Toys "R" Us, a major customer, could be filing for bankruptcy protection before the holiday sales season.
Amazon and Starbucks sink while Align Technology climbs
Amazon.com, Starbucks and Mattel drop while Align Technology and Intel advance
Consumer-discretionary sector slides as Amazon shares drop on results
The consumer-discretionary sector fell on Friday, a day after Amazon.com reported disappointing quarterly results that sent shares of the online retail giant sharply lower. The sector, as measured by the Consumer Discretionary Select Sector SPDR ETF fell 1% in its biggest one-day percentage drop since July 6. Amazon is the largest component of the ETF by far, accounting for nearly 16% of the portfolio, according to FactSet data. Shares of Amazon fell 4.2%, their biggest one-day slide since October. Despite the declines on the day, the ETF remains up 12% for 2017 thus far, while Amazon is up more than 30%. In its results, Amazon reported a 77% plunge in second-quarter earnings, though sales came in ahead of forecasts. Also weighing on the sector was Mattel Inc. and Goodyear Tire & Rubber Co. , both of which also sold off sharply following their own results. Mattel was down 8.8% while Goodyear tumbled 13%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
UPDATE 1-Barbie maker Mattel's profit, sales miss estimates
July 27 (Reuters) - Mattel Inc's quarterly sales and
profit fell short of estimates as higher sales of Cars 3 toys
failed to offset weak demand for the company's main brands such
as Barbie and Fisher-Price in the United States.
Mattel shares slip after results fall short of Street view
Mattel Inc. shares declined in the extended session Thursday after the toy maker's quarterly results fell short of Wall Street expectations. Mattel shares declined 2.1% to $20.85 after hours. The company reported a second-quarter loss of $56.1 million, or 16 cents a share, compared to a loss of $19.1 million, or 6 cents a share, in the year ago period. The adjusted loss for the second quarter was 14 cents a share. Revenue rose to $974.5 million from $957.3 million in the year ago period. Analysts surveyed by FactSet had estimated a loss of 9 cents a share on revenue of $981 million. While worldwide sales for Mattel Girls & Boys Brands were up 10%, sales of Barbie dolls were down 5%, Fischer-Price sales declined 3%, and American Girl doll sales fell 6%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Girls can wrestle, too: Mattel and WWE announce new female superstar dolls
The news dolls are allowing WWE fans to connect with their favorite female wrestling superstars.
Mattel's longtime finance chief Kevin Farr to step down
(Reuters) - Mattel Inc , the world's largest toymaker, said on Monday Kevin Farr will step down after a 17-year stint as its chief financial officer.
Mattel Cleans House and Is Looking to Replace CFO
J.C. Penney opening toy shops in all of its stores
J.C. Penney Co. Inc. said Thursday that it will open toy shops in all of its bricks-and-mortar locations. The shops will be located next to the Disney Collection , and will feature dolls, board games and more from companies like Hasbro Inc. and Mattel Inc. . The company has doubled its online toy assortment in the last year, adding new categories like bicycles and outdoor trampolines, in order "to compete with pure e-commerce rivals," the company said. The new toy shops are also an effort to "explore new merchandise categories and differentiate its business." J.C. Penney shares are up 1.3% in premarket trading, but down 44.4% for the year so far. The S&P 500 index is up 9.1% for 2017 to date.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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