Shares of Mattel (NASDAQ:MAT) moved lower by 13.16% in after-market trading after the company reported Q2 results.
Earnings per share decreased 4.00% over the past year to ($0.26), which beat the estimate of ($0.33).
Revenue of $732,100,000 decreased by 14.88% year over year, which beat the estimate of $676,130,000.
Mattel hasn't issued any earnings guidance for the time being.
Mattel hasn't issued any revenue guidance for the time being.
How To Listen To The Conference Call
Date: Jul 23, 2020
Time: 05:00 PM
ET Webcast URL: https://edge.media-server.com/mmc/p/e6vr43y9
Company's 52-week high was at $14.83
Company's 52-week low was at $6.53
Price action over last quarter: Up 41.93%
Mattel markets toy products that are sold to its wholesale customers and direct to retail consumers. The company offers products for children and families, including toys for infants and preschoolers, girls and boys, youth electronics, handheld and other games, puzzles, educational toys, media-driven products, plush and fashion-related toys. Mattel's owned portfolio includes Barbie, Hot Wheels, Fisher-Price, Thomas & Friends, and American Girl, among other brands. In addition, it currently manufactures toy products for its segments both internally and through outside manufacturers.
See more from Benzinga
- Earnings Scheduled For July 23, 2020
- 17 Consumer Cyclical Stocks Moving In Wednesday's Pre-Market Session
© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.