Hasbro, the maker of Nerf toy guns, reported a smaller-than-expected drop in second-quarter sales and beat profit expectations. The toymaker’s turnaround strategy, focusing on cost control and inventory management, helped drive its success. The company’s …
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Mattel Stock Soars on Buyout Offer from L Catterton
Mattel, the US toy maker, saw its stock price jump over 9% on Monday after reports emerged of a buyout offer from L Catterton, a private equity firm backed by luxury goods giant LVMH. While …
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