Led by demand for Hot Wheels and action figures, Mattel’s (NASDAQ:MAT) fourth quarter results beat Wall Street’s expectations, driving shares higher in Tuesday’s after-hours trading.
Mattel executive says it may have to charge consumers more for its toys because of higher tariff costs on imports from China.
While Mattel has a line of modern vehicles and EVs with both Hot Wheels and Matchbox, collectors often focus on the older models. Things might be completely different 20 years from now ...
Mattel said net income of $141 million dipped ... Domestic sales were driven by Hot Wheels, action figures, building sets and games, partly offset by declines in Infant, Toddler, and Preschool ...
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