Mattel Stock Jumps 15% On Positive Outlook, Despite Tariff Concerns
1. Mattel exceeded Q4 sales and earnings forecasts, boosting stock by over 15%. 2. Tariffs may hinder growth despite a forecast of 2%-3% net sales increase. 3. Hot Wheels and Uno drove sales; however, Barbie category saw a 4% decline. 4. Manufacturing diversification reduces dependency on China to under 40% by 2027. 5. The toy industry anticipates overall recovery in 2025, aiming to reverse previous declines.