Mattel Inc
MAT: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| &F | LOCK|<S!j | LOCK|G#BZz% |
Mattel Earnings: Future Growth Set to Stem From Current Investments; Shares Attractive
Mattel's second-quarter results included sales growth of 10%, to $1.125 billion, aided by global gross billings growth of 14% in vehicles and 35% in challenger segments. The adjusted operating margin contracted 600 basis points, to 3.4%, as spending on marketing and investments crimped profits.
