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| May 29, 2017

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Mattel shares drop after toy maker posts bigger loss and disappointing sales -

Mattel shares drop after toy maker posts bigger loss and disappointing sales

Mattel shares dropped Thursday after the nation’s largest toy maker reported a wider loss and a 15% drop in sales for the first quarter as it dealt with holiday hangover of too many items unsold.

The latest quarterly performance underscores the challenges facing Chief Executive Margo Georgiadis,…


L.A. Times – Business

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