STOCK TITAN

Mattel, Inc. - MAT STOCK NEWS

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.

Rhea-AI Summary

KidKraft has launched a new collaboration with American Girl to introduce the first officially licensed dollhouse for American Girl’s 18-inch dolls, just in time for the holidays. The American Girl x KidKraft Luxury Dollhouse and the Custom Closet feature nine play areas, including amenities like a spinning ceiling fan, working lights, and secret storage. The dollhouse retails for $598.00, while the closet is priced at $298.00. This partnership enhances imaginative play and represents both brands' commitment to creativity.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.25%
Tags
partnership
-
Rhea-AI Summary

Mattel (NASDAQ: MAT) has introduced Bruno, the first autistic character in the Thomas & Friends franchise, developed in collaboration with autism advocacy organizations. Voiced by autistic actor Chuck Smith, Bruno debuts in the Season 26 premiere on September 12, 2022. This character aims to provide positive representation of neurodiversity, showcasing traits common in autistic individuals. Bruno will appear across multiple media formats, including a YouTube series and podcasts, enhancing inclusion in children's programming. Experts were involved throughout the character's development to ensure authenticity.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.21%
Tags
none
-
Rhea-AI Summary

Mattel has partnered with Save the Children to support rural education programs in the U.S. From August 28 to October 1, shoppers purchasing select Barbie, Matchbox, and Little People items at Target will contribute to these programs, with Mattel donating a portion of sales, up to $150K. This initiative marks the first retail branding of Mattel's Play It Forward program, which has previously donated nearly $21 million since 2005. The collaboration aims to improve literacy, numeracy, and emotional skills for children in need.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.17%
Tags
partnership
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.17%
Tags
none
-
Rhea-AI Summary

Mattel, Inc. (NASDAQ: MAT) reported strong second quarter 2022 results, with net sales reaching $1,236 million, a 20% increase year-over-year. The company’s reported operating income jumped to $125 million, up 155%, while reported net income was $66 million, improving significantly. Despite a decrease in gross margin to 44.4%, Mattel reiterated its 2022 guidance for net sales and adjusted EPS. The firm's strong portfolio and partnerships are expected to boost performance in the second half of the year.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.12%
Tags
-
Rhea-AI Summary

Mattel (NASDAQ: MAT) has announced a multi-year partnership with SpaceX to create and market space-themed toys and collectibles. Beginning in 2023, the collaboration will introduce SpaceX-inspired products under the Matchbox brand and on Mattel Creations, the company's direct-to-consumer platform. This initiative aims to inspire children and collectors, fostering an interest in space exploration.

Mattel's SVP of Entertainment Partnerships, Nick Karamanos, expressed enthusiasm for creating engaging products that celebrate cultural moments, while SpaceX's VP, Brian Bjelde, highlighted the project's potential to motivate future space explorers.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.12%
Tags
none
Rhea-AI Summary

Mattel (NASDAQ: MAT) and Skydance Media have partnered to develop a live-action film based on Mattel's iconic Matchbox die-cast toy vehicles. The project aims to capture the imaginative spirit of the brand, which has a rich history and cultural significance, having sold one car every second since its inception in 1953. Robbie Brenner, an Executive Producer at Mattel Films, is excited about the collaboration, while David Coggeshall has been chosen to write the screenplay. This film is part of a broader slate that includes several other franchises by Mattel.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.63%
Tags
none
-
Rhea-AI Summary

Mattel (NASDAQ: MAT) has unveiled new sustainable Barbie products, including the Dr. Jane Goodall Inspiring Women Doll and the 2022 Barbie Career of the Year Eco-Leadership Team. These dolls are made from recycled ocean-bound plastic and certified CarbonNeutral. The launch coincides with World Chimpanzee Day on July 14 and celebrates Dr. Goodall's contributions to conservation. This initiative aligns with Mattel's goal to achieve 100% recycled, recyclable, or bio-based plastic in products by 2030.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.55%
Tags
management
-
Rhea-AI Summary

Mattel, Inc. (NASDAQ: MAT) will announce its Q2 2022 financial results on July 21, 2022, at approximately 4:05 p.m. Eastern Time. Following this announcement, a conference call webcast will take place at 5:00 p.m. Eastern Time. The webcast and supporting materials will be accessible via Mattel's Investor Relations website.

Investors are encouraged to log on 10 minutes early to ensure proper setup. An archive of the event will be available for 12 months.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.86%
Tags
Rhea-AI Summary

Mattel, Nickelodeon, and Paramount+ announced the premiere of Monster High: The Movie, set for October 6, 2022, at 7 p.m. ET/PT. The live-action musical, rooted in the beloved franchise, follows Clawdeen Wolf as she navigates her identity at Monster High. The movie highlights themes of self-acceptance and friendship, featuring a cast including Miia Harris and Ceci Balagot. Following the film, an animated series based on the franchise will launch this year. The film aims to resonate with a new generation while fostering inclusivity.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.7%
Tags
none

FAQ

What is the current stock price of Mattel (MAT)?

The current stock price of Mattel (MAT) is $17.82 as of December 23, 2024.

What is the market cap of Mattel (MAT)?

The market cap of Mattel (MAT) is approximately 5.9B.

What does Mattel, Inc. specialize in?

Mattel specializes in creating and marketing a broad range of toys and products for children and families, including iconic brands like Barbie, Hot Wheels, and Fisher-Price.

Where is Mattel, Inc. headquartered?

Mattel, Inc. is headquartered in El Segundo, California.

How many countries does Mattel operate in?

Mattel operates in approximately 40 countries and territories and sells products in more than 150 nations.

What are some of Mattel's most popular brands?

Some of Mattel's most popular brands include American Girl, Barbie, Fisher-Price, Hot Wheels, Monster High, and Thomas & Friends.

How does Mattel distribute its products?

Mattel markets its products to both wholesale customers and retail consumers, with more than 50% of its net sales generated from North America.

How many employees does Mattel have?

Mattel has a global workforce of approximately 31,000 employees.

What type of toys does Mattel offer?

Mattel offers toys for infants and preschoolers, youth electronics, hand-held and other games, puzzles, educational toys, media-driven products, and plush and fashion-related toys.

Does Mattel collaborate with other companies?

Yes, Mattel collaborates with leading entertainment and technology companies to create a wide range of toy products.

Where can I find more information about Mattel?

More information about Mattel can be found on their official website at www.mattel.com.

What recent achievements has Mattel accomplished?

Mattel has achieved significant milestones, including strategic partnerships, new product launches, and initiatives focused on sustainability and innovation.

Mattel, Inc.

Nasdaq:MAT

MAT Rankings

MAT Stock Data

5.95B
333.79M
0.87%
97.85%
4.69%
Leisure
Dolls & Stuffed Toys
Link
United States of America
EL SEGUNDO