|Bid||14.38 x 100|
|Ask||15.51 x 200|
|Day's Range||14.78 - 15.03|
|52 Week Range||14.78 - 33.23|
|PE Ratio (TTM)||21.52|
|Dividend & Yield||0.60 (3.99%)|
|1y Target Est||N/A|
Top executives buying shares of their companies is positive for the retail sector, writes Michael Brush.
Mattel renegotiated a debt agreement with many of its main bankers as it looks for breathing room amid the bankruptcy of Toys “R” Us, its second-largest customer.
Earlier today, Mattel (MAT) unveiled plans to amend its debt covenants in the aftermath of the Toys 'R' Us bankruptcy. As MarketWatch reports: Mattel Inc. has amended its credit agreement to remove the ratio of consolidated debt to consolidated earnings before interest, taxes, depreciation and amortization that's required for fiscal third quarter 2017, in the wake of the Toys 'R' Us bankruptcy. The amendment also increased the ratio that Mattel is required to maintain during a covenant modification period to 4.50 to 1.00 for the fiscal fourth quarter and 4.25 to 1.00 for each quarter thereafter.