1. Department: Consumer Durables

Investors Reward Hasbro And Mattel For Cost Cuts And Inventory Reductions

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Hasbro and Mattel stock are up, despite reporting that sales declined in the first quarter. Hasbro’s revenue plunged 24% but Wall Street expected an even greater drop.

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Experienced Reporter with a demonstrated history of working in the news industry. Special expertise in business and retail reporting. Digital, web and web video experience. Has also worked as a copy editor and news editor. https://www.forbes.com/
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