Mattel Beats Estimates But Sales Drop 15%
The toymaker's “sluggish sales are in stark contrast to the overall success the toy industry has seen in the wake of the coronavirus pandemic."
CFOs On the Move: Week Ending June 26
Jones Lang LaSalle, Mattel, Six Flags, Dachser, Palo Alto Networks, Confluent, Aerospace, Harvest, GEON Performance Solutions
Genius Brands CEO Says Short Reports Full Of ‘Misleading Statements’
Short-seller Hindenburg Research on June 5 said the recent runup in Genius Brand shares would be short-lived, claiming the stock would drop to $1.50.
CFOs on the Move: Week Ending Dec. 27
Mattel, Bed Bath & Beyond, Nielsen, BCG Partners, Akerna, Birks Group, Visteon, Western Health
Audits Are Broken. Here’s a Radical Way to Fix Them.
A certain federal agency should take over all public company audits, suggests a former Big Four auditor and current accounting software company CEO.
Mattel CFO to Step Down After Whistleblower Investigation
The company said it made misstatements in 2017, but found no evidence of fraud.
Mattel Shares Tank on Whistleblower Disclosure
The toy maker says it canceled a $250 million bond offering after receiving an "anonymous whistleblower letter."
Hasbro Sales Hit By ‘Star Wars’ Toys Dropoff
The surprising Q4 sales decline raises questions about Hasbro's strategy of tying products to Hollywood films.
CFOs on the Move: Week Ending Oct. 6
Eli Lilly, Mattel, Georgia Power, Pier 1 Imports, Bravo Brio Restaurant Group, Purchasing Power,, White Energy
Mattel Names Telecom Veteran as New CFO
Former Sprint CFO Joseph Enteneuer joins the toymaker as it attempts a turnaround after struggling "to keep pace in the digital arena."
CFOs on the Move: Week Ending July 21
Fluor, Mattel, Piston Group, Christopher & Banks, Arcadia Healthcare, Analogic, Ascent Capital, MannKind, Pac-12