In the reported quarter, net sales increased 17% from the prior-year quarter to $10,982 million, surpassing the consensus mark of $10,198 million. MGA currently carries a Zacks Rank #3 (Hold).

Lower light vehicle production in North America and China coupled with end of production of certain programs drove Magna’s (MGA) total sales down 4% in the quarter while the company’s profit ...

California district judge Stephen Larson granted Mattel's motion to block MGA sales of the Bratz fashion doll, which has taken a big bite out of Barbie's worldwide market share since its launch in ...