Welcome to our dedicated page for Mattel news (Ticker: MAT), a resource for investors and traders seeking the latest updates and insights on Mattel stock.
Mattel, Inc. (symbol: MAT) is a leading global toy company that inspires the wonder of childhood and aims to be the recognized leader in play, learning, and development worldwide. Their diverse portfolio includes iconic brands like American Girl®, Barbie®, Fisher-Price®, Hot Wheels®, Monster High®, and Thomas & Friends®. Mattel collaborates with top entertainment and technology companies to create a wide range of products that cater to children and families.
Headquartered in El Segundo, California, Mattel operates in approximately 40 countries and territories and markets its products in more than 150 nations. Their global workforce of around 31,000 employees plays a vital role in maintaining the company's competitive edge.
Mattel markets toy products to both wholesale customers and retail consumers. Their offerings include toys for infants and preschoolers, youth electronics, hand-held and other games, puzzles, educational toys, and plush and fashion-related toys. With a strong manufacturing capability, Mattel produces its toys both internally and through various manufacturing partners.
Financially, Mattel generates over 50% of its net sales from North America, with the rest coming from international markets. The company has recently achieved significant milestones, including strategic partnerships, new product launches, and initiatives focused on sustainability and innovation. These achievements are indicative of Mattel's commitment to growth and its pivotal role in the toy industry.
For more information, visit www.mattel.com.
Hasbro (NASDAQ: HAS) and Mattel (NASDAQ: MAT) have announced a new licensing collaboration launching the PLAY-DOH Barbie collection. The product line will debut at Target stores and online in June 2025, followed by wider retail availability in August 2025.
The collection features the PLAY-DOH Barbie Designer Fashion Show Playset, a 2-in-1 runway and design studio with fashion-making tools like ruffle makers and faux fur rollers. The line includes four different playsets in the Designer Dolls Assortment and Designer Pattern Packs with floral, gem, pearl, and bow patterns.
This collaboration was inspired by social media trends combining PLAY-DOH with Barbie dolls. The partnership brings together PLAY-DOH, the #1 reusable modeling compound sold in over 80 countries, with Barbie's 65+ year legacy as a style icon.
Mattel (NASDAQ: MAT) announced Barbie's Black History Month celebration, focusing on empowering Black female fashion designers across generations. The initiative comes as Black designers represent only 7.3% of the fashion industry. Barbie is partnering with the Black in Fashion Council (BIFC) to highlight three emerging Black female designers: Larissa Muehleder, Nia Thomas, and Fumi Egbon.
The partnership includes custom programming at the 2025 ENVSN Festival, featuring interactive sessions, mentorship opportunities, and business fundamentals training. The celebration also marks the 45th anniversary of Black Barbie, with original designer Kitty Black Perkins creating a commemorative doll. Additionally, Barbie collaborated with Aurora James, founder of Brother Vellies, for a BarbieStyle Instagram feature and podcast episode.
The initiative includes the launch of the 1980's Black Barbie Collection and Black History Month apparel lines, available through Amazon's online store.
Mattel (MAT) reported strong Q4 2024 results with net sales of $1,646 million, up 2% year-over-year. The company achieved a gross margin of 50.7%, increasing 190 basis points, and operating income of $158 million, up $18 million from the previous year.
For full-year 2024, despite a 1% decline in net sales to $5,380 million, Mattel showed significant profitability improvements with net income reaching $542 million, up $327 million from 2023. The company successfully repurchased $400 million of shares and announced plans for $600 million in share repurchases for 2025.
Hot Wheels led growth in the Vehicles category (+14% in Q4), while Barbie sales declined. The company's 2025 guidance projects 2-3% net sales growth in constant currency, with adjusted EPS expected between $1.66-$1.72.
Mattel (NASDAQ: MAT) launches its '80 Moments for 80 Years' philanthropic campaign to commemorate its 80th anniversary in 2025. The initiative will support over 80 nonprofits globally through the Mattel Children's Foundation, emphasizing the company's commitment to children's right to play.
The campaign includes partnerships with notable organizations across regions: In the US, collaborations include a 20-year partnership with Save the Children, Ronald McDonald House Charities, and Girls Inc. EMEA partnerships feature BILD hilft e.V. and Deutsche Kinderkrebsstiftung, while APAC collaborations include Starlight Children's Foundation and Special Olympics Hong Kong.
Key initiatives include Make-A-Wish foundation collaborations, with Hot Wheels (currently the #1 selling toy worldwide) granting special wishes to children. The company will also celebrate International Day of Play in Washington D.C. and host its fifth annual Play it Forward Global Volunteer Week, featuring Camp Mattel at its El Segundo campus.
Mattel (NASDAQ: MAT) has announced its entry into the building sets category with a new brand called Mattel Brick Shop™. The brand was unveiled at the Nuremberg International Toy Fair, with the first product line scheduled for global launch in Spring 2024.
The new product line aims to disrupt the building sets market by introducing innovative features, materials, and techniques. Mattel Brick Shop promises quality brick fit, easy-to-follow playbooks, sturdy builds, and features designed to enhance creativity. The brand emphasizes value by offering more surprise features, customization options, and higher piece counts at competitive prices.
The initial product release is set for May, with additional building sets planned for future releases. Roberto Stanichi, executive vice president and global head of vehicles and building sets, highlighted the company's commitment to delivering building sets that exceed expectations through elevated designs and authentic details at accessible price points.
Mattel (NASDAQ: MAT) announced a new Hot Wheels® partnership with Ferrari at the Nuremberg International Toy Fair. This marks the first collaboration between the brands in over 10 years, with the first product launch scheduled for spring 2024. The collection will feature a comprehensive range of Ferrari models, including classics and modern vehicles, spanning from ultra-premium to Mainline Collection and RC models.
The partnership builds on a historic relationship that has produced 26 previous models since Hot Wheels' founding in 1968. The new product line will include -edition models through Mattel Creations and 1:64 scale die-casts available globally. The collaboration celebrates Ferrari's prestigious status as both a luxury car manufacturer and successful racing brand, with over 5,000 race victories, including 16 Constructors' Championships and 15 Drivers' Championships in Formula 1.
Mattel (NASDAQ: MAT) announced that Chief Financial Officer Anthony DiSilvestro will retire on May 15, 2025, followed by a three-month advisory period until August 15, 2025. The company has initiated a comprehensive search process with an executive search firm to find his successor.
DiSilvestro, who joined Mattel in August 2020, has been instrumental in strengthening the company's financial position. During his tenure, Mattel achieved an investment grade rating and generated over $400 million in cost savings through operational optimization and increased efficiencies. He played a key role in transforming Mattel into an IP-driven, high-performing toy company.
Mattel (NASDAQ: MAT) has announced a partnership with TOKYOPOP to develop manga-style graphic novels for children ages 8-12 featuring Hot Wheels and Barbie brands. The first titles are scheduled to debut in print in 2026, featuring original stories and fresh artwork aimed at bringing these iconic brands to new audiences.
The partnership aligns with Mattel's strategy to expand fan engagement through storytelling. Hot Wheels, currently the top-selling toy globally, introduces over 130 new car designs annually and has 25,000 variations. Barbie, recognized as the most diverse doll brand globally, has been inspiring children for over six decades.
This initiative follows Mattel's previous announcement in 2024 of launching its own publishing imprint with Simon & Schuster as its sales and distribution partner.
Mattel (NASDAQ: MAT) has announced its plans to release the fourth quarter and full year 2024 financial results on Tuesday, February 4, 2025, at approximately 4:05 p.m. Eastern Time. The company will host a webcast conference call at 5:00 p.m. Eastern Time on the same day.
The webcast and accompanying slides will be accessible through the Events and Presentations section of Mattel's Investor Relations website. Interested parties should register at least 10 minutes before the call to ensure proper setup. The webcast archive will remain available on the company's website for 12 months after the event. Financial and statistical information, including Regulation G requirements, will be available in the Investors section of Mattel's website during the webcast.
Mattel (NASDAQ: MAT) and Nex have launched Barbie Dance Party, a new interactive dance game exclusively available on the Nex Playground console. The game allows up to four players to dance alongside Barbie characters to popular songs from artists like Dua Lipa and Charli XCX.
The game launches with four songs, with additional song packs and custom dance routines planned for release every 2-3 months throughout the next year. Suitable for ages 5 and up, it joins Nex Playground's growing library of family-friendly games, alongside content from partners including Hasbro, Sesame Workshop, and Paramount.
The game is available through major retailers including Amazon, Best Buy, Target, and Walmart, both online and in select stores nationwide.
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