In an interview on CNBC’s Mad Money, Ynon Kreiz said Mattel has a very clear strategy to grow its IP-driven toy business. The priority is “first and foremost” to drive organic growth. He “couldn’t be more excited” with Barbie’s growth trajectory.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MAT:
- GM, Seagate among stocks to buy ahead of earnings, Barron’s says
- Rising Oil Prices, Troubled Shipping Proves Mixed Bag for Retail Stocks
- Michael Dolan Exits Mattel’s Board after Two Decades
- Mattel announces plans for Mattel Adventure Park Kansas City
- Mattel price target raised to $20 from $19 at Jefferies