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Mattel (MAT) Stock Down Ahead of Quarterly Earnings

NEW YORK (TheStreet) -- Mattel (MAT - Get Report) shares are slipping by 0.09% to $33.88 on Wednesday morning, ahead of the company's 2016 first quarter financial results, which are set to be released after the closing bell today.

Profit is projected to rise year-over-year while revenue is anticipated to fall.

For the recent quarter, Wall Street is expecting the company to post a loss of 7 cents a share on revenue of $861.08 million.

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