With strong financial reports coming from Hasbro today, analysts are looking at how Mattel is faring in comparison and things aren't looking so sunny for the Barbie Doll maker. While Hasbro showed a 5% increase in revenue last year, Mattel fell 7% according to a Reuters which brings the two companies within $1.74 billion of each other in total revenue.
The gap is expected to narrow as Mattel loses some important licenses and as Hasbro continues to grow in 2015. Looks like the business side of things are strong, so let's hope that means good things for Hasbro's properties.
Thanks to SleepySteve for sending it in.
Reuters Article
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