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Why Mattel now has a problem with Barbie
Mattel's holiday sales declined, with Barbie and Fisher-Price underperforming, causing nearly $1 billion loss in market value, CEO Kreiz said 2025 remains uncertain.
Summary by Boston Herald
5 Articles
5 Articles
A tale of 2 toymakers: Mattel craters, while Hasbro's digital pivot delivers
Mattel and Hasbro both delivered disappointing forecasts for 2026 last week. But Hasbro shares rose as much as 9 percent on Feb. 10 on the strength of its digital gaming business, while Mattel's stock sank 27 percent the next day…
·Charleston, United States
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The Macomb Daily+3 Reposted by 3 other sources
Why Mattel now has a problem with Barbie
By Iris Kwok, Los Angeles Times Barbie manufacturer Mattel took a hit last week after its superstar doll failed to deliver. The El Segundo, California-based company behind many of the world’s most iconic toys was walloped in the stock market — its shares plunged 25% Wednesday — after it announced that holiday-season sales were weak and that it expects another slow year. It was overoptimistic about how many Barbies and other products consumers wo…
Coverage Details
Total News Sources5
Leaning Left0Leaning Right1Center4Last UpdatedBias Distribution80% Center
Bias Distribution
- 80% of the sources are Center
80% Center
C 80%
R 20%
Factuality
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