Mattel Cuts Full-Year Outlook on Slowing Sales
Mattel cut its full-year outlook, citing slower sales late in the third quarter and heading into the fourth across many major markets. UBS analysts said their point-of-sale checks were largely steady and retailers were well positioned for the holiday season.
Mattel cut its full-year outlook, citing a deceleration in sales late in the third quarter and heading into the fourth across many major markets. However, UBS analysts note that their point-of-sales checks have been largely steady, with retailers well positioned for the holiday season with clean in…