On Monday, Stifel reported a significant increase in short interest for toy manufacturers Hasbro and Mattel (NASDAQ:MAT), with jumps of 22% and 14% respectively, in the latter half of October.
NEW YORK: 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. Investors ...
On Monday, Stifel reported a significant increase in short interest for toy manufacturers Hasbro and Mattel (NASDAQ:MAT), with jumps of 22% and 14% respectively, in the latter half of October. The ...
Hasbro reported its third quarter results a day after its top rival, Mattel, reported third quarter revenue was down 4%, while earnings beat expectations. Mattel’s stock was up just over 4% at ...
Its inventory fell 39%. "While the toy industry is on a rocky road, the cost-control measures that Hasbro and Mattel have put in place should put them on sounder footing in the year ahead," said ...