Mattel Shares Put in Time Out After Earnings Announcement
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Mattel Shares Put in Time Out After Earnings Announcement

El Segundo : CA : USA | Apr 16, 2012 at 12:54 PM PDT
Source: The Motley Fool
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shares were smashed by nearly 8% this morning following news of the corporation's Q1 2012 financial results. Following the somewhat disappointing domestic holiday sales season, the toy maker reported $928.4 million in revenue in the first quarter of 2012, down 2.5% from the comparable quarter last... FULL ARTICLE AT The Motley Fool
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Toyota is due to announce its earnings results in early May
 
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    Mattel sank eight per cent after the largest US toy maker by revenue said its first-quarter net income fell 53 per cent, largely due to acquisition charges, while global sales slipped for its iconic Barbie and Hot Wheels products. The results also...
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    For the three months ended March 31, sales totaled $928.4 million, down 2% compared with $951.9 million in the same quarter last year, the company said Monday. Profit dropped to $7.8 million, or 2 cents a share, from $16.6 million, or 5 cents. The...

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