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Is Mattel Stock a Buy?

May 31, 2020 - Nasdaq
Financial Results

Mattel (NASDAQ: MAT) is one of the top toy brands in the world, known for classic icons like Barbie and Hot Wheels. But its share price has fallen 67% over the last five years. Weak demand and bloated costs have weighed on the company's performance, but a new CEO took over in 2018 and has had success in stabilizing sales growth while stripping out unnecessary costs to improve profitability.  Before the COVID-19 crisis, the company's top brands were seeing improving sales trends. In 2019, Ma...