Toy giant Mattel is being sued by a mother who says her daughter accessed a porn website via a link on the packaging for a Wicked doll. The company released dolls of characters played by British actress Cynthia Erivo and US singer Ariana Grande in the film version of the hit musical. But instead of featuring an address to the movie's website, a porn site sharing the name of the movie was mistakenly printed on the packaging.The mistake was spotted last month and the dolls were recalled on 11 November.A class ...

A month has gone by since the last earnings report for Mattel (MAT) . Shares have lost about 1% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is Mattel due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Mattel Q3 Earnings & Revenues Top EstimatesMattel reported impres ...

Shares of Mattel (MAT) have gained 1% over the past four weeks to close the last trading session at $18.84, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $23.82 indicates a potential upside of 26.4%.The average comprises 11 short-term price targets ranging from a low of $20 to a high of $28, with a standard deviation of $2.56. While the lowest estimate indicates an increase of ...

Thousands of Mattel's "Wicked"-branded fashion dolls are flying off shelves, but not because of consumer demand.The toy company has been forced to pull its line of character dolls after a package misprint. Instead of listing the website for Univeral's "Wicked" movie, boxes featured a link to a pornographic website for a group called Wicked Pictures."Mattel was made aware of a misprint on the packaging of the Mattel Wicked collection dolls, primarily sold in the U.S., which intended to direct consumers to th ...

The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks.Zacks has develo ...

BEDMINSTER, N.J., Oct. 31, 2024 (GLOBE NEWSWIRE) -- Matinas BioPharma Holdings, Inc. (NYSE American: MTNB) announces that negotiations under the previously disclosed non-binding term sheet regarding global rights to MAT2203, its oral formulation of amphotericin B, have been terminated following notification from the prospective partner. As a result, Matinas has implemented an 80% workforce reduction effective immediately, eliminating 15 positions including three members of senior management, and has ceased ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ___________________________________________________________ FORM 10-Q ___________________________________________________________ (Mark One) __________________________________________________________ 1 ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period endedSeptember 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For t ...

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Mattel, Inc. MAT shares are trading higher on Thursday. Analysts adjusted the company’s price target following the third-quarter results reported on Wednesday.Mattel reported EPS of $1.09 per share, which beat the analyst consensus estimate of 95 cents. Quarterly revenue came in at $1.843 billion, which missed the analyst consensus estimate of $1.858 billion.Mattel revised FY24 net sales guidance to comparable-slightly down in constant currency while maintaining adjusted EPS outlook at $1.35 and $1.45 versu ...

Mattel, Inc. (MAT) reported impressive third-quarter 2024 results, wherein the adjusted earnings and net sales topped the Zacks Consensus Estimate. The top line surpassed the consensus estimate after missing it for three consecutive quarters.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.On a year-over-year basis, net sales declined while adjusted earnings grew.The company’s quarterly results benefited notably from its Optimizing for Profitable Growth program along with the focus o ...