The Batman bike maker Fisher Price is a part of Mattel, whose stock has seen recent gains of over 20% in the last three months.
Online PR News – 05-December-2010 – – Waterford, MI, USA - The Batman bike maker Fisher Price is a part of Mattel, whose stock has seen recent gains of over 20% in the last three months.
Mattel, Inc. (NASDAQ: MAT) began September 2010 just a little above $21/share ($21.21/share on September 1st). At the end of November, just three months later, the stock price reached nearly $26/share ($25.84/share on November 30). That’s a gain of over twenty percent.
While nobody can ever fully explain what happens in the market, there are some logical explanations why the stock gained so well recently.
The company announced favorable sales and earnings results at the end of their third (3rd) quarter. Worldwide net sales increased two percent (2%). US domestic gross sales increased three percent (3%). Most major brands increased sales, although Fisher Price, the maker of several Batman bike and tricycle models, decreased about ten percent (10%). Operating income improved, and the year-to-year earnings per share increased. To see more of their earnings report, you can visit http://investor.shareholder.com/mattel/releasedetail.cfm?ReleaseID=518763.
Also, this past year, Mattel was named as one of FORTUNE Magazine's "100 Best Companies to Work For" for the third year in a row, and was ranked among Corporate Responsibility Magazine’s "100 Best Corporate Citizens." Mattel also is recognized among the "World's Most Ethical Companies."
Mattel is the worldwide leader in the design, manufacture and marketing of toys and family products. The Mattel family comprises best-selling brands, such as Barbie, the most popular fashion doll ever introduced, Hot Wheels, Matchbox, American Girl, Radica, Tyco R/C, as well as Fisher-Price brands., including Little People, Power Wheels, and a wide array of entertainment-inspired toy lines. With worldwide headquarters in El Segundo, Calif., Mattel employs approximately 27,000 people in 43 countries and territories and sells products in more than 150 nations. Mattel prides itself on "Creating the Future of Play."
You can buy a Batman bike, trike, quad, or scooter on the website dedicated to the unique winged character. Many of the bikes are made by Fisher Price, one of Mattel’s many brands. To look at several kids bicycles and more, you can visit the dedicated Batman rider website at http://www.BatmanBike.com.