NasdaqGS:MATLeisure
Mattel (MAT): Evaluating Its Valuation After Surprise Earnings and Expanding Margins
Mattel (MAT) just released its second-quarter results, giving investors plenty to consider. The main surprise was that earnings surpassed expectations, even though revenue dipped slightly compared to last year. Gross margin increased significantly, and Mattel’s international business continued to make progress. Along with steady growth in its entertainment lineup, this combination is drawing interest from both toy enthusiasts and market watchers.
Looking beyond the headline numbers, Mattel’s...