Shares of toy maker Mattel were dropping almost 12% in early-morning trading Wednesday after the company reported fiscal Q1 2020 financial results Tuesday night. For the quarter, Mattel reported sales of $594.1 million. This was railing the $652.7 million that anaylsts had been waiting for. The company’s quarterly loss at $0.61 per diluted share was … Continue reading “Mattel Shares Drop as Toy Demand Dwindles”
