Jul. 24 at 1:08 PM
$MAT beats earnings but misses on sales — what's going on? 🤔
Adjusted EPS of 19 cents topped the Zacks Consensus Estimate of 16 cents, yet net sales of
$1.02B missed expectations by 3.8% 📉. Despite challenges in the U.S., gross margin expansion highlights resilience.
Full analysis here 👉 https://www.zacks.com/stock/news/2612354/mattel-q2-earnings-surpass-estimates-revenues-decline-yy?cid=sm-stocktwits-2-2612354-body-3499&ADID=SYND_STOCKTWITS_TWEET_2_2612354_BODY_3499