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Mattel Exec Says Toy Industry Performed Better Than Anticipated In First Half - Conf. Call



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July 23 (Reuters) -Mattel Inc MAT.O:

  • MATTEL EXEC SAYS TOY INDUSTRY PERFORMED BETTER THAN ANTICIPATED IN THE FIRST HALF - CONF. CALL

  • MATTEL EXEC SAYS "BEYOND 2024, WE BELIEVE TRENDS WILL FURTHER IMPROVE AND THAT THE INDUSTRY WILL RETURN TO GROWTH AND CONTINUED TO GROW OVER THE LONG TERM"

  • MATTEL EXEC SAYS "EXPECT OUR TOY BUSINESS TO GROW IN THE SECOND HALF AND LOOK FORWARD TO A GOOD HOLIDAY SEASON WITH NEW PRODUCT"

  • MATTEL EXEC SAYS EXPECT TO OUTPACE THE INDUSTRY AND GAIN MARKET SHARE THIS YEAR

  • MATTEL EXEC SAYS ENTERED AND ENDED Q2 WITH RETAIL INVENTORIES DOWN HIGH SINGLE DIGITS COMPARED TO THE PRIOR YEAR

  • MATTEL EXEC SAYS WELL POSITIONED WITH SUPPLY CHAIN CAPABILITIES GOING AHEAD

  • MATTEL EXEC SAYS EXPECTS MORE SHELF SPACE IN SECOND HALF

  • MATTEL EXEC SAYS WILL UNDERTAKE MORE PROMOTIONS AND MARKETING GOING AHEAD


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