Barbie Hot Wheels Drive Mattel Profit
Barbie Hot Wheels Drive Mattel Profit Youtube (reuters) mattel inc posted a surprise fourth quarter profit on thursday, as the toymaker benefited from a makeover of its iconic barbie doll, while keeping a tight lid on costs, sending its. Mat. net sales: q4 net sales increased by 16% to $1,621 million, while full year sales remained flat at $5,441 million. gross margin: q4 gross margin improved significantly by 580 basis points to.
Demand For Barbie Hot Wheels Push Mattel Profit Up Newsday Mattel inc reported a surprise quarterly profit and beat estimates for sales, extending a strong run since the pandemic, as retailers restocked the toymaker's barbie and hot wheels brands. Christmas boost helps toy maker beat fourth quarter estimates. February 7, 2024. fourth quarter 2023 highlights versus prior year. net sales of $1,621 million, up 16% as reported, or 14% in constant currency. gross margin of 48.8%, an increase of 580 basis points; adjusted gross margin of 48.8%, an increase of 570 basis points. operating income of $140 million, an increase of $61 million; adjusted. Mattel inc. reported mixed third quarter results, as a drop in demand for barbie toys weighed on sales overall — but management said it expects a solid holiday season ahead and a toy centric.
Mattel Posts Surprise Profit As Retailers Load Up On Barbies Hot February 7, 2024. fourth quarter 2023 highlights versus prior year. net sales of $1,621 million, up 16% as reported, or 14% in constant currency. gross margin of 48.8%, an increase of 580 basis points; adjusted gross margin of 48.8%, an increase of 570 basis points. operating income of $140 million, an increase of $61 million; adjusted. Mattel inc. reported mixed third quarter results, as a drop in demand for barbie toys weighed on sales overall — but management said it expects a solid holiday season ahead and a toy centric. Earnings per share (eps) of 10 cents also beat expectations of a three cent loss. the report comes shortly after the july 21 release of the barbie movie, a box office hit that grossed $162 million. Directed by greta gerwig and starring margot robbie, barbie has already sold $356.3 million in theater tickets globally. mattel shares climbed 1.8% on the news monday, capping a run of barbie buzz.
Hot Wheels Barbie Boost Mattel As Q4 Full Year Numbers Emerge The Earnings per share (eps) of 10 cents also beat expectations of a three cent loss. the report comes shortly after the july 21 release of the barbie movie, a box office hit that grossed $162 million. Directed by greta gerwig and starring margot robbie, barbie has already sold $356.3 million in theater tickets globally. mattel shares climbed 1.8% on the news monday, capping a run of barbie buzz.
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