Скачать или смотреть Mattel CEO discusses $1 billion buyback, 'Barbie' success, and Q4 earnings

Mattel's (MAT) mainline Barbie brand dominated nearly all corners of culture and conversations happening across various circles in 2023 due to the success of Greta Gerwig's Barbie film. The toymaker reported a slight fourth-quarter earnings miss while seeing 16% year-over-year sales growth and raising its 2024 earnings outlook. Will all of this translate into continued success for Mattel in 2024?
Mattel CEO Ynon Kreiz joins Yahoo Finance Executive Editor Brian Sozzi to talk about Mattel's performance in 2023 and the future of certain landmark brands as activist investor Barington Capital pressures the company to either fix or sell off its American Girl doll and Fisher-Price segments in a letter to shareholders.
"As a management team, we always evaluate our portfolio and we would like to have all of our brands grow and be in a strong position. We do have work to do on Fisher-Price, and we are doing it," Kreiz states. "We recently announced a few weeks ago... a leadership change and continue to put our mind and bring our incredible capabilities in design and development, in supply chain, in our global commercial organization that is second to none in our industry, to make sure these brands are positioned for long-term growth."
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