Mattel Stock Jumps 15% On Positive Outlook, Despite Tariff Concerns
Mattel(MAT) Forbes·2025-02-06 03:41
Mattel ended 2024 on a positive note, with strong performance in the fourth quarter. (Photo by ... [+] Patrick T. Fallon / AFP) (Photo by PATRICK T. FALLON/AFP via Getty Images)AFP via Getty ImagesMattel beat expectations for sales and earnings in the fourth quarter and saw its stock price jump by more than 15% today on the strength of its postive outlook for 2025. But executives acknowledged that recently announced tariffs could create headwinds for the company.While Mattel is forecastingfull year net sale ...