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☆ 'Barbie' buzz likely just a flash in the pan for toymaker Mattel
▼ + stars: | 2023-07-24 | by ( Savyata Mishra | ) www.reuters.com time to read: +3 min

July 24 (Reuters) - The fanfare around Margot Robbie-starrer "Barbie" could jolt the iconic Mattel (MAT.O) doll's sales out of a year-long slump, but Wall Street thinks the party in pink will be short-lived. While Mattel will report second-quarter results on Wednesday, days after the theatrical release of the movie, analysts say the boost for Barbie sales will be most pronounced in the quarter ending Sept. 29 before tapering off. Retailers worldwide have also pitched in, with brands from Zara (ITX.MC) to H&M (HMb.ST) and Gap rolling out themed merchandise like Barbie hoodies, perfumes and toothbrushes. But its gross billings - or the amount invoiced to customers - fell behind Hot Wheels in the first quarter of 2023. Mattel's forward 12-month price-to-earnings multiple (P/E), a common benchmark for valuing stocks, is 16.01, higher than 13.6 for Hasbro.

Persons: Margot Robbie, Barbie, Arpiné Kocharyan, Kocharyan, Ryan Gosling, Ken, Warner Bros, Zachary, Carol Osborne, Savyata Mishra, Devika Organizations: Mattel, UBS, Warner, Sunday, Reuters Graphics Reuters, CFRA Research, University of South, Muma College of Business, Hasbro, Thomson Locations: Zara, United States, Canada, Bengaluru

☆ The Barbie movie is a 'litmus test' for Mattel's strategy: UBS
▼ + stars: | 2023-07-21 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Barbie movie is a 'litmus test' for Mattel's strategy: UBSArpine Kocharyan of UBS discusses why she is positive on Mattel's prospects with its shift towards an "IP driven strategy".

Organizations: UBS Arpine, UBS

☆ Hasbro keeps expectations low for the start of 2023, but sees turnaround coming
▼ + stars: | 2023-02-16 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +5 min

Hasbro said it expects revenue for the year to decline in the low-single digits, percentage-wise, which missed Wall Street's expectations. But despite its confidence, the company underperformed in consumer product sales for its fourth quarter. The company announced on Thursday that Magic: The Gathering is on track to be its first billion-dollar brand. Pandemic disruption to its film productions also meant delaying a key revenue stream that had helped buoy sagging product sales. This is the first full quarter since Hasbro announced its three-year turnaround plan in October.

☆ Armenia: Premierul Pashinyan câştigă legislativele anticipate, opoziţia contestă rezultatul
▼ + stars: | 2021-06-21 | by ( ) www.jurnal.md time to read: +3 min

Sursa foto: 1tv.geArmenia: Premierul Pashinyan câştigă legislativele anticipate, opoziţia contestă rezultatulPremierul armean Nikol Pashinyan a câştigat cu o largă majoritate alegerile legislative anticipate, potrivit rezultatelor complete publicate luni, contestate de principalul său rival, Robert Kocharyan, care a denunţat ''fraude'', relatează AFP și Agerpres. Blocul ''Armenia'' al lui Robert Kocharyan a primit 21% din buletinele de vot, potrivit aceleiaşi surse. La sosirea la sediul său de campanie, premierul a fost întâmpinat de susţinătorii săi cu "Bravo!" Fără a aştepta rezultatele complete, alianţa electorală a lui Kocharyan a denunţat "falsificări planificate" şi a cerut "o anchetă atentă asupra fraudelor presupuse şi semnalate". Rivalul său Kocharyan, care îl numără pe Vladimir Putin printre prietenii săi, a denunţat constant incompetenţa guvernului demisionar, pozând în lider experimentat.

Persons: opoziţia, Nikol, Robert Kocharyan, Pashinyan, Kocharyan, îşi, Vladimir Putin Organizations: Agerpres, Partidul, Electorală, OSCE Locations: Armenia, Azerbaidjanului, Europa, Azerbaidjan, morţi, Baku, Nagorno - Karabah

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