Disappointing sales forecasts from Hasbro Inc. and Mattel Inc., the largest US toymakers, are adding to concern that the upcoming holiday shopping season will be far from cheery.
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Hasbro, Mattel shares slump after holiday toy sales warningToymaker Hasbro disappointed investors with its results on Thursday, joining Barbie-maker Mattel in warning of a weak holiday season.
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Hasbro cuts annual revenue forecast again, joins Mattel in warning of cloudy holiday quarterHasbro expects 2023 revenue to tumble 13% to 15% compared to a prior forecast of a 3% to 6% decline
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Barbie brand 'very large canvas' for innovation: Mattel CEOMultinational toy manufacturer Mattel (MAT) beat third-quarter earnings estimates on the top and bottom lines. Mattel Chairman and CEO Ynon Kreiz attributes ...
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Comcast, Royal Caribbean, Hasbro: Trending StocksComcast (CMCSA) shares drop Thursday morning despite posting a third-quarter earnings beat, citing growth in its theme park division. Royal Caribbean Cruises...
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Mattel earnings beat, but guidance disappointsDespite a third quarter earnings beat, Mattel (MAT) shares fell in after-hours trading due to a disappointing outlook. Analyst James Hardiman joins Yahoo...
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Europe Inc warns business is tough on home turfSome of Europe's top companies, including Volkswagen and Unilever warned on Thursday that business in the region is increasingly tough, underscoring concerns...
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