Mattel Soars After 4Q Results Beat Estimates

Mattel's shares are experiencing a record surge due to a significant earnings beat, marking the first in three years. The company's earnings per share exceeded expectations, and gross margins improved due to cost-cutting measures. In contrast, Hasbro is struggling with declining revenues, partly due to the Toys R Us bankruptcy. Mattel's brands, like Barbie, are performing well, while Hasbro's brands are declining. Mattel plans to provide 2019 guidance at an upcoming toy show, drawing analysts' attention.

What significant achievement did Mattel accomplish in its fourth quarter results?

How did Mattel's earnings per share compare to analysts' expectations?

What were the gross margins reported by Mattel in the quarter?

What challenges did both Mattel and Hasbro face due to Toys R Us?

What brand from Mattel is mentioned as having performed well?