[ad_1] New York CNN — Mattel is giving preschoolers a new age-appropriate Barbie doll that it says is better suited for their needs. The doll, called “My First Barbie,” is specifically created for kids three years old and older, said Lisa McKnight, executive vice president and global head of Barbie …
Read More »Kidults are the biggest sales driver for the toy industry
[ad_1] Disney’s Star Wars merchandise stuffed toys depicting Grogu character, commonly known as Baby Yoda. Chukrut Budru |Sopa Images | Lightrocket | Getty Images There are two things keeping the toy industry afloat right now: inflation and a consumer group known as “kidults.” These kids at heart are responsible for …
Read More »AGNC Investment is not a buy
[ad_1] Paramount Global: “Too cheap to believe. … I don’t know where it bottoms, but it sure isn’t close to the top.” Hasbro Inc: “I don’t like the earnings, and I think that Mattel‘s actually cheaper.” Citigroup Inc: “The book value is so different from where the common stock is, …
Read More »Whispers of improvement may slow recession's drumbeat
[ad_1] A roar of corporate earnings came out this week and last, and the information piling up from the backbone-of-American-buyers companies like Coca-Cola, Mattel, GM, Hilton, American Express offers a fuller picture of what’s going on in this country than we’ve had in the past. [ad_2] Source link
Read More »Hasbro (HAS) reports Q3 earnings
[ad_1] A worker arranges boxes of Hasbro board games on a shelf at a Target Corp. location in Emeryville, California. David Paul Morris | Bloomberg | Getty Images Hasbro reported third-quarter earnings Tuesday morning that fell short of analysts’ expectations as inflation weighed on consumers. The toy maker also faced …
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