Trump's Tariffs Hit Mattel's Barbies: Will Americans Pay 'A Couple Of Bucks More' As President Predicts?

What Happened: Mattel posted first-quarter revenue of $827 million, beating an analyst estimate of$786 million. The company reported a loss of 3 cents per share, beating an estimate of 10 cents per share, according to data from Benzinga Pro. Mattel CEO Ynon Kreiz called the quarter "strong" and said the company continued its "operational excellence." "Our brands are thriving, our products and experiences stand out in the marketplace, and our balance sheet gives us resilience and flexibility to execute our ...