Mattel CEO talks tariffs and mitigating prices

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Mattel (MAT) reported better-than-expected first quarter sales and reaffirmed its $600 million share buyback target. The toy company reported revenue of $826.6 million (vs. estimates of $788.58 million) and an adjusted loss of $0.03 per share (vs. estimates for a $0.10 loss per share). Mattel Chairman and CEO Ynon Kreiz discusses the latest report with Yahoo Finance Executive Editor Brian Sozzi. They also talk about why the company pulled its full-year guidance and how it will attempt to mitigate price pressures stemming from US trade tariffs. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here: https://finance.yahoo.com/videos/series/morning-brief/ #youtube #stocks #toys About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. - Get the latest news and data at finance.yahoo.com - Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO) - Follow Yahoo Finance on social: X: http://twitter.com/YahooFinance Instagram: https://www.instagram.com/yahoofinance/?hl=en TikTok: https://www.tiktok.com/@yahoofinance?lang=en Facebook: https://www.facebook.com/yahoofinance/ LinkedIn: https://www.linkedin.com/company/yahoo-finance

Published 2025-05-06 · Watch on YouTube ↗
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