FILE PHOTO: The Mattel company logo is seen at the 114th North American International Toy Fair in New York City, U.S., February 21, 2017. REUTERS/Stephanie Keith
February 15, 2019
(Reuters) – Mattel Inc said on Friday gross sales for 2019 are expected to be flat, sending its shares down 18 percent.
The toy maker also said first-quarter gross sales are expected to be lower than a year earlier.
(Reporting by Arjun Panchadar in Bengaluru; Editing by Anil D’Silva)