Mattel posted a smaller-than-expected loss for the first quarter on Tuesday, helped by the Barbie maker's tight leash on costs while demand remains tepid for its toys and games. "We are off to a good start for the year with significant margin expansion and very strong improvement in free cash flow," CEO Ynon Kreiz said in an interview with Reuters. Mattel's gross margin grew 8 percentage points to 48% in the first quarter, also in part due to easing input costs as well as lower inventory management expenses.
Q1 2024 Lufax Holding Ltd Earnings Call
“You guys didn’t know?” Kardashian joked, before Jimmy Kimmel asked her if it was true that she has six toes.