Mattel (MAT) Q4 Earnings & Revenues Miss, Gross Billings Up Y/Y

Mattel, Inc. (MAT) reported fourth-quarter 2023 results, wherein earnings and revenues missed the Zacks Consensus Estimate. However, the top and bottom lines increased on a year-over-year basis.The company’s quarterly results reflect growth, driven by its diverse product offerings primarily in the North America segment. Success from the Barbie movie as well as notable progress in entertainment across film, television, digital and publishing bode well. However, this uptrend was partially offset by currency f ...