Mattel (MAT) Chairman & CEO Ynon Kreiz On Earnings

The chairman and CEO of Mattel: MAT, Ynon Kreiz, weighs in on 1Q earnings of -$0.33 in EPS and $874.2M in revenue. The report indicated highest quarterly sales growth in more than 25 years, especially with Barbie sales driving a 47% increase. The company expects net sales for the year to increase by 6 to 8%.

ON AIR
7:00 am
Futures

Get Market Minute

Daily insights for every investor

FOLLOW US

Mattel (MAT) Chairman & CEO Ynon Kreiz On Earnings

The chairman and CEO of Mattel: MAT, Ynon Kreiz, weighs in on 1Q earnings of -$0.33 in EPS and $874.2M in revenue. The report indicated highest quarterly sales growth in more than 25 years, especially with Barbie sales driving a 47% increase. The company expects net sales for the year to increase by 6 to 8%.