Mattel Q4 Earnings Beat Estimates, Revenues Lag, Stock Up
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Mattel's Q4 earnings exceeded expectations, driven by supply-chain efficiencies, cost savings from the Optimizing for Profitable Growth program, and favorable foreign exchange rates. However, revenues fell short of estimates. Despite this, the stock price increased.
February 05, 2025 | 3:00 pm
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Mattel's Q4 earnings surpassed estimates due to supply-chain efficiencies and cost-saving measures, although revenues were below expectations. The stock price increased as a result.
Mattel's earnings beat expectations, which is a positive indicator for investors. The company's ability to manage supply-chain efficiencies and implement cost-saving measures contributed to this outcome. Despite revenues lagging, the market reacted positively, leading to a stock price increase.
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