— Toymaker Mattel, Inc. (NASDAQ: MAT) reported adjusted earnings of $0.11 per share for the fourth quarter of 2019, vs. $0.01 per share expected.
— Net income was flat during the three-month period, compared to $9.6 million or $0.03 per share in the fourth quarter of 2018
— At $1.47 billion, net sales were down 3% year-over-year, vs. $1.5 billion analysts had forecast
— Net Sales in the North America segment decreased 3%; International sales were flat
— Net Sales in the American Girl segment decreased by 20%; Achieved structural simplification run-rate savings of $875 million
— Worldwide gross sales for Dolls were down 6%; global sales for the Infant, Toddler, and Preschool segment dropped 9%
— Gross Sales for Vehicles edged up by 1%; gross sales for Action Figures, Building Sets and Games climbed 9%
Most Popular
Key highlights from Autodesk (ADSK) Q4 2021 earnings results
Autodesk, Inc. (NASDAQ: ADSK) today reported its fourth quarter financial results for the period ended January 31, 2021. Net income for the fourth quarter was $911.3 million, or $4.10 per
Infographic: Beyond Meat (BYND) reports wider Q4 loss; Revenue up 4%
Beyond Meat (NASDAQ: BYND), a specialist in plant-based meat substitutes, Thursday reported a wider loss for the fourth quarter, despite an increase in revenues. The numbers also missed the consensus
Virgin Galactic stock tanks on delayed test flight
Virgin Galactic (NYSE: SPCE) reported fourth-quarter 2020 financial results after the regular market hours on Thursday. The space tourism company reported zero revenue in the fourth quarter, compared to $529,000
