In an interview on CNBC’s Mad Money, Ynon Kreiz said Mattel gained share globally in 1H24. He expects to grow the toy business in 2H24. He “couldn’t be more confident” in the Barbie franchise. The company has 16 movies ready for production, he noted. The stock price does not reflect the company’s future potential, he added. Kreiz refused to comment on speculation that the company has been approached with a buyout offer.
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