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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.
Mattel, Inc. (NASDAQ: MAT) reported a strong performance for Q4 2021, with net sales rising to $1,795 million, a 10% increase year-over-year, and full-year sales reaching $5,458 million, up 19%. Operating income for Q4 was $257 million, and adjusted EBITDA was $321 million. The full year saw net income of $903 million, benefiting from tax asset adjustments. The company expects 2022 sales growth of 8-10% and an adjusted EPS of $1.42-$1.48. Despite a decrease in gross margins due to inflation, Mattel affirmed its transformation strategy is complete and aims for continued growth.
Mattel, Inc. (NASDAQ: MAT) has shared findings from the second year of a multi-year study with Cardiff University, examining the developmental impacts of doll play on children. The research indicates that playing with dolls enhances children's use of internal state language (ISL), which correlates with increased brain activity in regions linked to social and emotional processing. The study emphasizes the importance of doll play in developing empathy and social skills, especially as parents express concerns over their children’s emotional development post-pandemic.
Mattel has achieved significant accolades in 2021, with its Barbie brand recognized as the top global toy property for the second consecutive year, while Hot Wheels Singles 1/64 Assortment earned the title of the top-selling toy globally. The company ranked as the #1 toy company worldwide in Q4 and held the top position in the U.S. for the 28th consecutive year. Mattel secured 18 top rankings per NPD Group, showcasing its strength in the toy market.
Mattel and Netflix are collaborating to develop a live-action film based on the iconic Masters of the Universe franchise. Production is expected to start in summer 2022, featuring Kyle Allen as He-Man.
The film aims to captivate both veteran fans and new audiences, showcasing a narrative about an orphan who discovers his royal destiny. Mattel Films is optimistic about revitalizing this cultural franchise, which has a rich history dating back to 1982. The project highlights Mattel's commitment to extending its legacy through innovative entertainment.
Mattel, Inc. (NASDAQ: MAT) will host a Virtual Analyst Presentation on February 18, 2022, at 10:00 a.m. EST. This event aims to provide a strategic business update from management. The presentation will be available via webcast on Mattel's Investor Relations website, encouraging viewers to log in early for registration. An archived version will be accessible after the live event. Mattel continues to be a leading global toy company, known for iconic brands like Barbie and Hot Wheels, focusing on innovation and children's development through play.
Mattel, Inc. (NASDAQ: MAT) has secured a multi-year global licensing agreement with Disney for the Princess and Frozen franchises. This agreement allows Mattel to develop a variety of toys, including fashion dolls and figures, launching at retailers worldwide in early 2023. The partnership aims to leverage Mattel's expertise in brand management and product innovation to create captivating merchandise. This agreement expands Mattel's existing collaboration with Disney, which includes properties like Toy Story and Cars.
Mattel, Inc. (NASDAQ: MAT) and Illusion Projects announced the extension of the Barbie®: A Cultural Icon exhibition at The Shops at Crystals on the Las Vegas Strip until April 15, 2022. Originally opened in October 2021, the exhibition has garnered significant attention, now featuring over 250 dolls and 400 artifacts. Highlights include a life-sized hot pink Barbie convertible and various interactive photo opportunities. The exhibit underscores Barbie's role as a cultural icon, inviting guests to share experiences on social media while ensuring compliance with local safety regulations.
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