Mattel's CEO predicts a slower decline in the toy industry i...
Mattel's CEO predicts a slower decline in the toy industry in 2024 due to changes in consumer spending and a lighter toy-related film slate. The CFO anticipates a drop in doll sales this year, and Bank of America analysts highlight Mattel's vulnerability to Red Sea shipping disruptions.
After 'Barbie' Boom, Mattel Is Cutting Costs - and Buying Back Stock
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
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