Mattel reports big loss on weak sales amid Covid-19 pandemic | Malay Mail

United States News News

Mattel reports big loss on weak sales amid Covid-19 pandemic | Malay Mail
United States Latest News,United States Headlines
  • 📰 malaymail
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 86%

NEW YORK, May 6 ― Mattel reported a big first-quarter loss amid falling sales of most of its toys as the coronavirus roiled operations and shuttered many retail outlets. The toy company, maker of Barbie and Thomas & Friends, suffered a US$210.7 million (RM906.5 million) loss in the...

Mattel, the maker of Barbie and Thomas & Friends, suffered a US$210.7 million loss in the three-month period when revenues fell 13.8 per cent to US$594.1 million. — Justin Sullivan/Getty Images North America pic via AFP

The toy company, maker of Barbie and Thomas & Friends, suffered a US$210.7 million loss in the three-month period when revenues fell 13.8 per cent to US$594.1 million.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

malaymail /  🏆 1. in MY

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Beijing reports no new Covid-19 cases for 19 consecutive daysBeijing reports no new Covid-19 cases for 19 consecutive daysBEIJING: Beijing had seen no newly confirmed locally-transmitted or imported Covid-19 (coronavirus) cases for 19 consecutive days as of Monday evening, according to a municipal government official on Tuesday (May 5).
Read more »

TalentCorp: #Kisahsiswa initiative aims to tackle effects of Covid-19 pandemic | Malay MailTalentCorp: #Kisahsiswa initiative aims to tackle effects of Covid-19 pandemic | Malay MailKUALA LUMPUR, May 4 — Talent Corporation Malaysia Berhad (TalentCorp) today announced the launch of the KisahSiswa initiative as an intervention measure on the effects of the Covid-19 pandemic on the global economy and the country’s labour market. TalentCorp said KisahSiswa is a graduate...
Read more »

Ipoh Buddhist temple postpones annual sunning of Sakyamuni Buddha canvas due Covid-19 | Malay MailIpoh Buddhist temple postpones annual sunning of Sakyamuni Buddha canvas due Covid-19 | Malay MailIPOH, May 5 — Annual visitors to the Enlightened Heart Buddhist Temple at Tambun for the sunning of the temple’s thangka (Buddhist artwork) on Wesak Day will be disappointed this year as the ceremony has been postponed due to the movement control order (MCO). Built in 1975, the temple, which is...
Read more »

Malaysia's April PMI plunges to 31.3 due to Covid-19, Public Investment Bank says | Malay MailMalaysia's April PMI plunges to 31.3 due to Covid-19, Public Investment Bank says | Malay MailKUALA LUMPUR, May 5 — Malaysia’s Manufacturing Purchasing Managers’ Index (PMI) plunged to 31.3 in April from 48.4 in March, as sentiment was pummeled by Covid-19 headwinds, a trend seen across AseanN and emerging market economies. Public Investment Bank, in its note today, said the...
Read more »

Malaysia hits record low in new Covid-19 cases, but one death recorded | Malay MailMalaysia hits record low in new Covid-19 cases, but one death recorded | Malay MailKUALA LUMPUR, May 5 — Malaysia recorded 30 new Covid-19 cases today, the lowest number since the movement control order (MCO) was implemented. The previous record low was 31 in April 28. This brings the total number of Covid-19 infection in the country to 6,383 cases. The Ministry of Health (MOH)...
Read more »

Health D-G: Selayang market Covid-19 infections linked to tabligh cluster | Malay MailHealth D-G: Selayang market Covid-19 infections linked to tabligh cluster | Malay MailKUALA LUMPUR, May 5 — The Covid-19 infection cases in the Kuala Lumpur Wholesale Market is linked to the cluster involving the Sri Petaling tabligh event, the Ministry of Health (MOH) director-general Datuk Dr Noor Hisham Abdullah has confirmed today. In his daily press briefing today, there is...
Read more »



Render Time: 2025-03-06 23:46:56