US toy manufacturer Mattel has reported a better - than - expected Q1 2019 loss of $ 183.7 m , as the company faces two lawsuits linked to its Kid ' n ' Play sleeper . Mattel voluntarily recalled 4.7 million of the seats , following the death of more than 30 children . The company anticipated the recall would cost $ 27 m in Q1 , but analysts said the final figure could be as high as $ 60 m . Target recalling nearly half million wooden toys purchased in late 2018 Consumers who have owned the Rock 'n Play six months of less will receive a full cash refund for the suggested retail price. However Mattel CEO Ynon Kreiz said the firm remained “ confident ” it retained consumer trust . The loss of Toys R Us also continues to hurt the company .
US toy manufacturer Mattel has reported a better - than - expected Q1 2019 loss of $ 183.7 m , as the company faces two lawsuits linked to its Kid ' n ' Play sleeper . Mattel voluntarily recalled 4.7 million of the seats , following the death of more than 30 children . The company anticipated the recall would cost $ 27 m in Q1 , but analysts said the final figure could be as high as $ 60 m . However Mattel CEO Ynon Kreiz said the firm remained “ confident ” it retained consumer trust . The loss of Toys R Us also continues to hurt the company .