This Well-Known Toy Company Is Set to Be an Outperformer if the Tariff War Continues
Mattel's (NASDAQ: MAT) stock was something of a hot item after the toy company reported its first-quarter results in early May -- and not only because it scored a double beat on analyst estimates. At a time when investors are worried about the impact of the current tariff war on American commerce, the company's management said the right things about its ability to weather the storm.Here's a look at what management intends to do about the situation, and why both investors and analysts were pleased with the company's strategy -- not to mention those quarterly figures.Mattel's fundamentals headed in the right direction, with net sales ringing up at a bit under $827 million for year-over-year growth of 2%. Non-GAAP (adjusted) net loss per share narrowed, meanwhile, to $0.03 from the year-ago shortfall of $0.05. Continue reading
Mattel's (NASDAQ: MAT) stock was something of a hot item after the toy company reported its first-quarter results in early May -- and not only because it scored a double beat on analyst estimates. At a time when investors are worried about the impact of the current tariff war on American commerce, the company's management said the right things about its ability to weather the storm.
Here's a look at what management intends to do about the situation, and why both investors and analysts were pleased with the company's strategy -- not to mention those quarterly figures.
Mattel's fundamentals headed in the right direction, with net sales ringing up at a bit under $827 million for year-over-year growth of 2%. Non-GAAP (adjusted) net loss per share narrowed, meanwhile, to $0.03 from the year-ago shortfall of $0.05.
