Mattel's Strong Financial Performance and Growth Strategy

Mattel, the toy company behind iconic brands like Barbie and Hot Wheels, reported a strong fourth quarter with double-digit growth in sales and significant margin expansion. The company also achieved an investment-grade rating, strengthened its financial position, and announced a $1 billion share repurchase program. Mattel plans to prioritize organic growth, invest in areas that create value, and maintain its investment-grade rating. Additionally, the company is considering thoughtful and strategic M&A opportunities that align with its value creation strategy. Overall, Mattel aims to continue its momentum and drive long-term, sustainable, profitable growth.