Jim Cramer: Mattel Is Giving Customers What They Want
Jim Cramer says Mattel is setup well heading into the all-important holiday shopping season.
TheStreet's Action Alerts PLUS Portfolio Manager Jim Cramer says Mattel (MAT) - Get Report is setup well heading into the all-important holiday shopping season. "This company is firing on almost all cylinders," Cramer said. "Hasbro (HAS) - Get Report is firing on all cylinders. They are both good going into Christmas." For its most recent quarter, Mattel reported earnings of $0.68 a share, missing estimates of $0.71. Revenue of $1.8 billion topped forecasts of $1.77 billion and was negatively affected by currency headwinds. Mattel shares are higher Thursday after reporting quarterly results after the closing bell on Wednesday.
