Mattel, Hasbro results show diverging post-Toys R Us paths
NEW YORK (AP) — Quarterly reports from Mattel and Hasbro show that while the demise of Toys R Us has shaken up the industry, the two dominant toymakers' paths are diverging less than a year later. Late Thursday, Mattel posted better-than-expected earnings per share and revenue for the key holiday quarter, sending its shares up sharply. The maker of Barbies and Hot Wheels named a new CEO last April