Mattel posted a smaller-than-expected loss for the first quarter, benefiting from lower costs and strong sales of Hot Wheels miniature cars, despite missing sales forecasts due to waning Barbie demand. Conversely, Hasbro reported a profit beat in the first quarter with a smaller sales decline, focusing on high-profit partnerships to drive recovery.
🇺🇸 Hasbro shares gain as cost cuts boost margins https://t.co/Y3z7yVOwjw
No Games: Hasbro Stock Sees Serious Gains https://t.co/FIgsyvTJMq $HAS
🇺🇸 Hasbro focuses on ‘high-profit partnerships’ to drive recovery as sales fall 24% https://t.co/6HYE57u2C2
Hasbro Shares Gain as Cost Cuts Boost Margins $HAS https://t.co/Y7rJ5g715R
Hasbro Shares Gain as Cost Cuts Boost Margins https://t.co/O8TbzujAHH
Toymaker Hasbro's turnaround efforts help first-quarter profit beat https://t.co/hjPVuJq1ly https://t.co/HedFhpBO2H
⚠️ TOYMAKER HASBRO POSTS QUARTERLY PROFIT BEAT, SLOWER SALES DECLINE Full Story → https://t.co/PKJ86s2TVf Hasbro reported a smaller-than-expected drop in first-quarter sales and handily beat profit estimates on Wednesday, as leaner inventories and steady digital gaming… https://t.co/XuAVvjFRYo
$HAS | Hasbro Q1 Earnings: - Adj $0.61 (Est. $0.27) 🟢 - Sales $757.30M (Est. $738.61M) 🟢 - Sees FY24 Consumer Products Segment Revenue Decline Of 7% - 12% https://t.co/YvhUltku62
🇺🇸 Mattel sales miss forecasts as ‘Barbie’ boost wanes https://t.co/ngtQTFvyOn
Mattel's quarterly loss smaller than expected as cost cuts pay off https://t.co/BfnRbIQZPW https://t.co/suFvmWEDfd
Mattel Stock Drops Despite Earnings Beat as Sales Fall Short https://t.co/eh6DZSPks4
Mattel Sales Miss Forecasts as ‘Barbie’ Boost Wanes https://t.co/dW6tnNFiWN
Mattel narrowed its loss in the first quarter, beating analysts’ projections thanks to fast sales of its Hot Wheels miniature cars and lower costs https://t.co/zlfrMCTFE8
⚠️ TOYMAKER MATTEL'S QUARTERLY LOSS SMALLER THAN EXPECTED AS COST CUTS PAY OFF Full Story → https://t.co/489qA1O4Mn Mattel posted a smaller-than-expected loss for the first quarter on Tuesday, helped by the Barbie maker's tight leash on costs while demand remains tepid for… https://t.co/9PxsKstBpM